TY - BOOK ED - Organisation for economic Co-operation and development TI - Environmental effects of international portfolio flows: working party on economic and environmental policy integration U1 - 332.6 PY - 1999/// CY - Paris PB - Organisation for economic Co-operation and development KW - Environmental economics -- OECD countries KW - Environmental policy. KW - International business enterprises -- Environmental aspects. N1 - THE ENVIRONMENTAL EFFECTS OF INTERNATIONAL PORTFOLIO Introduction Understanding portfolio flows Portfolio flows links to the envionment Trends in portfolio equity and dent flows Factors driving the globalosation of private capital How to account for growth of portfolio flows? Destinations, sources , and composition of portfolio flows Environmental dimensions of decisions made in the portfolio investment community The impact of environmental considerations on analysits of portfolio equity and debt The integration of environmental factors into decisions made by international commercial, investment, and multilateral development banks Environmental impacts of expanded portfolio flows Initial issuance of portfolio securities: potential for investments to contribute to improved environmental performance Trading in a well - functioning market: access to capital, growth and "engagement benefits" Trading in a market in crisis: volatility , economic growth, reduced consumption, government responses, and institutional reform Conclusions on the environmental effects of portfolio flows Integrating portfolio investment practices and environmental goals Conclusion: Recommendations for action by government and other parties engaged in portfolio investment Governments as regulators and issuers The investors community, including analysts and rating agencies International financial institutions ER -