"This book presents the proceedings of a conference that examined the real & financial linkages between the Canadian economy and those in the rest of the world. The conference consisted of five sessions, with two or three papers read at each session. Session 1 covered financial market linkages with papers on the testing of asset-market integration and the impact of financial integration on business cycle correlations. Session 2 contains two papers on exchange rate determination in a global setting. Session 3 examines current account dynamics and sessions 4 & 5 present papers on real linkages between Canada & the rest of the world and Canada & the US respectively. Between session 4 & 5 is the John Kuszczak Memorial Lecture on the topic of the Canada-US exchange rate. The final section presents discussions from a panel on Canada's role in international macroeconomic policy."--Micromedia summary.