Global Financial Markets at the Turn of the Century

Global Financial Markets at the Turn of the Century

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The world's financial markets experienced a strong globalization trend in the 20th century. With the removal of barriers to cross-border flow of capital, financial markets have become truly global during the last two decades of the century. The research papers included in this book study a number of important issues in the world's financial markets. The recent emerging markets crisis, which started in South-Eeast Asia and affected all the world's developed and emerging financial markets, is studied in detail. Another important issue, which receives considerable coverage in the book, is the Eur...