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  • In Euromoney's semi-annual ranking of country creditworthiness, the winners are the emerging countries of east and central Europe. But south-east Asian economies and even Japan ­ are looking riskier, as debt ratios worsen and monetary instability spreads. Commentary by Rebecca Dobson.
  • The concept of shareholder value is transforming the way Hungarian companies communicate with investors ­ at least it is for the 50 or so companies traded on the Budapest Stock Exchange. By Henry Copeland
  • Peter Lee and Steven Irvine
  • Bernard Connolly, whose critical book The Rotten Heart of Europe lost him his job at the European Commission, continues to write unwelcome truths about the Maastricht Treaty and "Euroland" after January 1999. Here, he looks at the future of no-longer-sovereign government bond markets. Good news for Italy, bad news for Belgium.
  • Over the past seven years Polish companies have had to restructure to survive. New accounting rules have helped improve the quality of management. And Polish workers have begun to understand that foreign investment brings with it security and new technology. By Graham Field
  • by David Roche
  • Which banks do users of the capital markets like best? And which are most respected by their peers? Our annual poll has the answers. Research by Rebecca Dobson.
  • Komarovsky and Ingersoll sit at the feet of Wall Street's self-styled literary genius
  • The top 100 Arab banks
  • The Philippine government is recruiting the private sector to develop and upgrade the country's infrastructure. But how will the private sector raise the financing it needs on the international capital markets? By Maggie Ford
  • The next cycle of sovereign debt default will be different from the last. Lawyers hope that the mechanisms for coping with it will have evolved as well. By Christopher Stoakes
  • Brazil's finances are being taken in hand. But fiscal reform depends on constitutional changes, and so far president Cardoso hasn't fulfilled any of his promises. The team implementing the Real Plan for recovery believes some measures can be taken without a battle in congress, but these ideas are still on paper. Although inflation is down, external investment is up and privatization has sped up, the markets will give Brazil only so long. Danielle Robinson reports