Preface Introduction The power shift in global financial markets Creating a Big Bang in Koreas capital markets U.S. subprime crisis and challenges for Korea Capital market key to industrial success Aging societys impact on the capital market Innovative ways to fund infrastructure projects Korea as Asias international financial center The building blocks of fair M&A markets Enhancing Koreas power in global markets Cultivating homegrown hedge funds and PEFs Making bonds a pillar of the capital market Lessons from the U.S. securities industry Reforming capital regulation on financial investment firms Efficient markets vital to growth of venture firms Derivatives market requires paradigm shift Market discipline needed for asset managers Cultivating effective fiduciary capitalism Foreign capital could fix Korean capital market problems Perception gap in corporate governance reform Korea embraces global accounting standards KRX needs to adopt global listing standar ... Preface Introduction T...he power shift in global financial markets Creating a Big Bang in Koreas capital markets U.S. subprime crisis and challenges for Korea Capital market key to industrial success Aging societys impact on the capital market Innovative ways to fund infrastructure projects Korea as Asias international financial center The building blocks of fair M&A markets Enhancing Koreas power in global markets Cultivating homegrown hedge funds and PEFs Making bonds a pillar of the capital market Lessons from the U.S. securities industry Reforming capital regulation on financial investment firms Efficient markets vital to growth of venture firms Derivatives market requires paradigm shift Market discipline needed for asset managers Cultivating effective fiduciary capitalism Foreign capital could fix Korean capital market problems Perception gap in corporate governance reform Korea embraces global accounting standards KRX needs to adopt global listing standards Diversified portfolios key to global investing