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Interests and Limits of Globalisation as an Investment-Creating Process

In: The Paradoxes of Globalisation

Author

Listed:
  • Sophie Nivoix
  • Dominique Pépin

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.

Suggested Citation

  • Sophie Nivoix & Dominique Pépin, 2010. "Interests and Limits of Globalisation as an Investment-Creating Process," Palgrave Macmillan Books, in: Eric Milliot & Nadine Tournois (ed.), The Paradoxes of Globalisation, chapter 12, pages 217-239, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-30396-6_14
    DOI: 10.1057/9780230303966_14
    as

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