Winter 1994

Perspective

Derivatives and Risk Management: Challenges and Opportunities

Susan M. Phillips

Articles

The Globalization of Stock Index Futures: A Summary of the Market and Regulatory Developments in Stock Index Futures and the Regulatory Hurdles Which Exist for Foreign Stock Index Futures in the United States

William J. Brodsky

Securities Activities of Japanese Banks Under the 1993 Japanese Financial System Reform

Masaki Yagyu

French Privatizations and International Capital Markets

Alexander Marquardt and Ellen H. Clark

BOOK REVIEW

The Fall of the U.S. Consumer Electronics Industry: An American Trade Tragedy. By Philip J. Curtis.

Robert W. McGee