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  • The top 100 Arab banks
  • Edited by Brian Caplen
  • Korea has been negotiating to join the OECD. But the country's financial structure is still partly shackled, despite reforms in recent years. And president Kim's call for Korea to accept globalization has not been welcomed by many of his compatriots involved in finance and business. They believe opening the country's fragile financial markets to foreigners too quickly will create instability. Andrew Horvat reports
  • Foreign investors are piling into Korea's stock market. But why? The country seems to have lost its competitive edge, the stock index has plummeted, and the country's corrupt practices have been exposed with the guilty verdicts on two former presidents. Overseas investors, however, are undeterred. They believe profits are there for those who can stomach the roller-coaster ride
  • Pakistan's successful private power initiative has helped overcome an electricity shortage but has created a foreign exchange burden. The government is gambling on increased capacity leading to greater consumption and higher productivity. But will this be sufficient to pay for imported fuel and the tariffs charged by the foreign-owned power stations? By Philip Eade
  • Brazil's privatization programme has been given a new lease of life. With no fiscal constitutional reform in sight, the government has accelerated the sale of the biggest public utilities as the best way to downsize the public sector. And that's vital if the Real Plan is to stay afloat
  • The top 100 Arab banks
  • Country risk 1996
  • The watchdog of corporate governance has been let loose in the bearpit of Russian companies. But like old bears, Russian companies can be stubborn and bad tempered ­ and they don't like anyone getting in their way. Rupert Gordon-Walker reports
  • Last National Bank of Boot Hill, Moorgate, London EC2