Publication type: Conference paper
Type of review: Peer review (abstract)
Title: How global are global financial markets? : the impact of country risk
Proceedings: International financial markets and the implications for monetary and financial stability
Conference details: International Financial Markets and the Implications for Monetary and Financial Stability, Basel, Oktober 1999
Issue Date: 2000
Series: BIS conference papers
Series volume: 8
Publisher / Ed. Institution: Bank for International Settlements
Publisher / Ed. Institution: Basle
ISBN: 92-9131-099-9
ISSN: 1026-3993
Language: English
Subject (DDC): 332: Financial economics
Abstract: Financial transactions are costly. On the one hand, processing a transaction requires resources, on the other hand the regulatory framework is costly as well. In both areas there have been dramatic changes recently. Computerisation and advances in telecommunications lead to considerably lower technical costs. Furthermore, deregulation has eliminated many barriers to trade. Financial markets have become and still are in the process of becoming more open, and one often hears of the “globalisation of financial markets”.
Fulltext version: Published version
License (according to publishing contract): Licence according to publishing contract
Departement: School of Management and Law
Organisational Unit: Institute of Public Management (IVM)
Appears in Collections:Publikationen School of Management and Law

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