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PROGRESSIVE GLOBALIZATION OF THE CAPITAL MARKET

Oana Calitoiu
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Oana Calitoiu: University of Craiova Faculty of Economics and Business Administration

Annals of University of Craiova - Economic Sciences Series, 2012, vol. 1, issue 40, 148-151

Abstract: The economic meaning and role of international capital market is to redistribute resources in overall volume. Almost all industrialized countries have ramifications international capital markets. Non-residents have the right to purchase securities markets, and some securities issued in that country may be subject to parallel programs and foreign financial centres and international secondary market quotations subject. New electronic technologies to greatly increase the likelihood of capital markets, providing market participants momentary information, truthful about the state of capital markets in any country and enables faster data processing, according to the trends of liberalization of the economy. Thus, the tendency of globalization of markets industrial countries appears in association with an increasing number of other states.

Keywords: stock market; globalization; international markets; stock exchange (search for similar items in EconPapers)
JEL-codes: F15 F43 (search for similar items in EconPapers)
Date: 2012
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