IDEAS home Printed from
   My bibliography  Save this article

The Globalization of Financial Markets and the Main Actors


  • Oana Mionel

    () ("Dimitrie Cantemir" Christian University)


Globalization of capital markets describe the decline of national markets and the rise of global markets, however globalization cannot be concerned as a solely economic process; this process that signify “the buzz word”, yield changes in our way of life, our cultures, our perceptions of others and our environment – fundamental changes in technology that driven to global market innovation. But it is self-evident in the economic sphere, and singularly in the financial sector, where changes have been the most deep and impressive. The market in which residents of different countries trade assets is called the international capital market. The international capital market is not really a single market; it is a group of closely interconnected markets in which asset exchange with some international dimension take place. The main actors in the international capital market are: commercial banks, large corporations, nonbank financial institutions, central banks, and other government agencies. The international capital market’s activities take place in a network of world financial centers linked by sophisticated communications systems.

Suggested Citation

  • Oana Mionel, 2013. "The Globalization of Financial Markets and the Main Actors," Knowledge Horizons - Economics, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 5(3), pages 66-68, September.
  • Handle: RePEc:khe:journl:v:5:y:2013:i:3:p:66-68

    Download full text from publisher

    File URL:
    Download Restriction: no

    File URL:
    Download Restriction: no

    More about this item


    Globalization; capital market; market innovation;

    JEL classification:

    • F62 - International Economics - - Economic Impacts of Globalization - - - Macroeconomic Impacts
    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:khe:journl:v:5:y:2013:i:3:p:66-68. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Adi Sava). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.