International Exchanges in a Globalized World

Oana Oprișan () and Cosmin Tileaga ()
Additional contact information
Oana Oprișan: Ovidius University

Chapter Chapter 25 in Emerging Issues in the Global Economy, 2018, pp 289-293 from Springer

Abstract: Abstract A reality today is that the economy, characterized by the expansion and development of financial mechanisms, cannot be conceived without the stock exchange: the real economy is reflected in the trend of stock, and, in turn, the stock can influence – good or bad – the economic life. Thus, by the rise of globalization, as instruments of capital accumulation, stock exchange has become the most effective way of targeting the capital available in the economy to the most profitable use. The market will determine which companies will be funded and what is the cost of their capital. The decisive factor is the efficiency with which companies use this capital. In this way, international stock markets have taken a central role in macroeconomic development of various countries of the world.

Keywords: Stock exchange; Financial market; Globalization; Capital (search for similar items in EconPapers)
Date: 2018
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-3-319-71876-7_25

Ordering information: This item can be ordered from
http://www.springer.com/9783319718767

DOI: 10.1007/978-3-319-71876-7_25

Access Statistics for this chapter

More chapters in Springer Proceedings in Business and Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().