Financial globalization has gathered attention since the early 1990s because of its macro-financial implications and growing importance. But financial globalization has taken shape via different forms over time. This paper examines two important, concurrent dimensions of financial globalization:...

"China's Emerging Financial Markets is necessary reading for those who seek to understand the strategic direction of this key industry, as well as those who wonder what role China will play in the current global economic crisis."--BOOK JACKET

Financial globalization has gathered attention since the early 1990s because of its macro-financial and crisis implications and its perceived large expansion. But financial globalization has taken different forms over time. This paper examines two important concurrent dimensions of financial...