Some Considerations Regarding The Impact Of Financial Globalization On The Contemporary Financial Systems
Abstract
As consequence of globalization, in the past two decades, the international financial markets have become more and more interdependent. The financial globalization brought significant benefits to the national economies and to investors, but altered at the same time the structure of markets, generating new risks and challenges for the market participants and for the surveillance and regulation institutions. In this paper the authors analyze the effects of financial globalization, aiming at providing a broader image on today's financial markets, respectively of the dynamics of financial entities, of structural changes caused at their level and of the dynamics of financial instruments.Download Info
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Article provided by Asociatia Generala a Economistilor din Romania - AGER in its journal Theoretical and Applied Economics.
Volume (Year): 12(541)(supplement) (2009)
Issue (Month): 12(541)(supplement) (December)
Pages: 591-598
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Keywords: globalization; integration; financial crisis; financial markets; derivatives.;References
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