MEASURING THE EVOLUTION OF THE FINANCIAL GLOBALIZATION

Autor: Andrei V. STOIAN
Jazyk: angličtina
Rok vydání: 2014
Předmět:
Zdroj: Network Intelligence Studies, Vol II, Iss 4 (2/2014), Pp 273-285 (2014)
Druh dokumentu: article
ISSN: 2344-1712
Popis: The evolution of the world is constantly taking place and different regions or countries are becoming more and more interlinked. The financial integration between the most important economies of the world has enhanced and together with the positive attributes, the vulnerabilities and risks associated in one country can have negative repercussions into some other. These get transmitted via the gross capital flow and can have devastating effects for some regions. Therefore, it is worth taking into account the creation of a financial globalization index in order to measure the level of financial integration that the world or particular groups of countries have reached and also to study the patterns for the last decades.
Databáze: Directory of Open Access Journals