The Co-Evolution and Emergence of Integrated International Financial Networks and Social Networks: Theory, Analysis, and Computations

Anna Nagurney, Jose Cruz and Tina Wakolbinger
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Anna Nagurney: Isenberg School of Management
Jose Cruz: Isenberg School of Management
Tina Wakolbinger: Isenberg School of Management

Chapter 10 in Globalization and Regional Economic Modeling, 2007, pp 183-226 from Springer

Abstract: Abstract Globalization and technological advances have made major impacts on financial services in recent years and have allowed for the emergence of electronic finance. Indeed, the financial landscape has been transformed through increased financial integration, increased cross border mergers, and lower barriers between markets. In addition, boundaries between different financial intermediaries have become less clear (cf. Claessens, Glaessner, and Klingebiel (2000, 2001), Claessens (2003), Claessens et al. (2003), G-10 (2001)).

Keywords: Variational Inequality; Transaction Cost; Demand Market; Variational Inequality Problem; Financial Intermediary (search for similar items in EconPapers)
Date: 2007
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DOI: 10.1007/978-3-540-72444-5_10

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