This book examines the evolving landscape of international capital markets and forecasts their future trajectory. It delves into the key developments and trends shaping global finance in the early 1980s, drawing on the expertise of its authors who were prominent figures in economics and finance. The analysis considers the economic policies, regulatory frameworks, and technological advancements that influenced capital flows and market structures during this period.

This volume is recognized as a significant contribution to the understanding of international capital markets during a pivotal era of globalization. Its analysis of the period's developments and its forward-looking perspectives are valued by economists and financial professionals. The book provides a detailed examination of the forces that were reshaping global finance, offering insights that remain relevant for understanding contemporary market dynamics.