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liberalization, is only a necessary condition for financial globalization, however. The sufficient condition is the creation of world …This paper attempts to define financial globalization as a process whereby financial markets internationally are …
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financial globalization. To achieve true financial globalization, an important requirement is the creation of a worldwide single …
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(EMU), and inspired by the theory of Optimal Currency Area (OCA). This paper aims to discuss whether the adoption of a …
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benefits of globalization. But financial investment does not always flow where it is needed most. While it appears that the … world cannot be satiated with US securities, issues of emerging economies account for less than 6 percent of total …
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