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Some Considerations Regarding The Impact Of Financial Globalization On The Contemporary Financial Systems

Author

Listed:
  • Carmen Corduneanu

    (West University of Timisoara)

  • Laura Raisa Miloş

    ("Eftimie Murgu" University Resita)

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.

Suggested Citation

  • Carmen Corduneanu & Laura Raisa Miloş, 2009. "Some Considerations Regarding The Impact Of Financial Globalization On The Contemporary Financial Systems," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 12(12(541)(s), pages 591-598, December.
    • Handle: RePEc:agr:journl:v:12(541)(supplement):y:2009:i:12(541)(supplement):p:591-598
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