The Globalization of Financial Markets and the Main Actors

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 ot...

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Bibliographic Details
Published in:Knowledge horizons : economics 2013-07, Vol.5 (3), p.66
Main Author: Mionel, Oana
Format: Article
Language:English
Subjects:
Banking industry
Capital markets
Central banks
Commercial banks
Corporate debt
Currency
Financial institutions
Foreign exchange markets
Global economy
Globalization
Government agencies
Innovations
Integration
International banking
International finance
Monetary policy
Pension funds
Securities markets
Studies
World War I
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Summary: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. [PUBLICATION ABSTRACT]
ISSN:2069-0932
2066-1061