2014, nr. 2

SOME MODERN ASPECTS OF FINANCIAL GLOBALIZATION

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Authors:  
Ivan LUCHIAN, Associate Professor, PhD, IIM „IMI-NOVA”

Nowadays, financial globalization as latest stage of financial internationalization process becomes to be the most discussed subject by economic scientists. It has many forms of manifestation and directions of development. One of the main features of financial globalization is increasing the role of the financial sector, linked with the expansion of the scope and complexity of foreign economic relations. In this work are presented modern trends of financial globalization.

Keywords:  
financial globalization, international currency market, foreign direct investment, international capital market, international banking system, global financial center, international financial institution.