Interests and Limits of Globalisation as an Investment-Creating Process
Sophie Nivoix and
Dominique Pépin ()
Chapter 12 in The Paradoxes of Globalisation, 2010, pp 217-239 from Palgrave Macmillan
Abstract:
Abstract National financial systems of both developed and developing countries have experienced a serious wave of deregulation during the last thirty years. This was implemented by the countries’ governments, in order to promote investment, growth and employment in stabilised macroeconomic conditions (Aglietta et al., 1990). Barriers to international mobility of capital have, therefore, been erased in many countries, something which leads to financial markets being far better integrated today than they were thirty years ago.
Keywords: Capital Market; Asset Price; Risk Premium; Domestic Market; Foreign Bank (search for similar items in EconPapers)
Date: 2010
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Working Paper: Interests and limits of globalisation as an investment-creating process (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-30396-6_14
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DOI: 10.1057/9780230303966_14
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