This two-volume set comprises recent contributions in the area of international securities. Philippatos (banking and finance, U. of Tennesseee) and Koutmos (finance, Fairfield U.) present the most important articles on current issues and future development in this key area of international finance, which has been revolutionized by the liberalization and subsequent integration of global financial markets, as well as advances in computing and communications technology. Volume I (37 contributions) discusses international equities, banking, diversification and portfolio management, and fixed income securities; security cross-listings and multinationals; and foreign exchange markets. In Volume II, 33 contributions cover globalization of financial markets, interactions of financial markets and price dynamics, emerging markets, international derivative securities, European monetary union and implications for financial markets, and international financial crises. There is no subject index.