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Globalization Of The Financial Markets And The Appearance Of Contemporary Financial Crisis

Author

Listed:
  • Meri Boskoska

    (University St.Kliment Ohridski - Bitola; Faculty of Economy - Prilep)

Abstract

This paper analyses the positive and negative aspects deriving from the process of globalization of the financial markets. The financial globalization has numerous advantages for the national economies as well as for the investors, but on the other hand, it also causes many changes in the structure of the markets creating certain risks and challenges for the market participations and politicians. The purpose of this paper is to point to the extent of connection between the financial globalization and the appearance of the contemporary financial crises in the world.

Suggested Citation

  • Meri Boskoska, 2007. "Globalization Of The Financial Markets And The Appearance Of Contemporary Financial Crisis," Journal Articles, Center For Economic Analyses, pages 18-31, June.
  • Handle: RePEc:cmk:journl:y:2007:p:18-31
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    References listed on IDEAS

    as
    1. Maurice Obstfeld, 1998. "The Global Capital Market: Benefactor or Menace?," Journal of Economic Perspectives, American Economic Association, vol. 12(4), pages 9-30, Fall.
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    6. Ben S. Bernanke, 2005. "Monetary Policy in a World of Mobile Capital," Cato Journal, Cato Journal, Cato Institute, vol. 25(1), pages 1-12, Winter.
    Full references (including those not matched with items on IDEAS)

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