Internationalization of financial markets

Summary

Financial globalization boosted considerably over the past few years, mainly through the increased cross-border capital flows, synergies amongst the financial markets across the globe, and superior commercial existence of overseas financial firms, emerging in today's global arena. In the contemporary financial paradigm, it would not be wrong to say that the development related to the financial market is not just related with the health of the economy, but rather with the better understanding with the determinants of the financial market development. There are numerous factors, playing their role in the financial developments; however the most prominent ones are, ...