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Measuring The Evolution Of The Financial Globalization

Author

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  • Andrei V. STOIAN

    (The Academy of Economic Studies, Bucharest, Romania)

Abstract

The evolution of the world is constantly taking place and different regions or countries are becoming more and more interlinked. The financial integration between the most important economies of the world has enhanced and together with the positive attributes, the vulnerabilities and risks associated in one country can have negative repercussions into some other. These get transmitted via the gross capital flow and can have devastating effects for some regions. Therefore, it is worth taking into account the creation of a financial globalization index in order to measure the level of financial integration that the world or particular groups of countries have reached and also to study the patterns for the last decades.

Suggested Citation

  • Andrei V. STOIAN, 2014. "Measuring The Evolution Of The Financial Globalization," Network Intelligence Studies, Romanian Foundation for Business Intelligence, Editorial Department, issue 4, pages 273-285, November.
    • Handle: RePEc:cmj:networ:y:2014:i:4:p:273-285
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    References listed on IDEAS

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    More about this item

    Keywords

    Financial crisis; Financial globalization index; Global imbalances; Financial integration; Financial statements;
    All these keywords.

    JEL classification:

    • F30 - International Economics - - International Finance - - - General
    • F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements
    • F62 - International Economics - - Economic Impacts of Globalization - - - Macroeconomic Impacts
    • G01 - Financial Economics - - General - - - Financial Crises

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