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exchanges -- 6 Regulation on exchanges: new threats and opportunities -- 7 Issues at a glance in the exchange industry. … strategies adopted by major world exchanges during this period are explained and the roles of multilateral trading systems and … exchanges produced by the progress in communications and trading technology. In many countries, regulation has reduced barriers …
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This chapter provides a broad overview of the upward trends in financial globalization and foreign direct investment and asks whether and how financial globalization is linked with the foreign direct investment decisions of non-financial multinational enterprises. Several potential links and...
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We set up a two-country, regional model of trade in financial services. Competitive firms in each country manufacture non-traded consumer goods in an uncertain productive environment, borrowing funds from a bank in either the home or the foreign market. Duopolistic banks can choose their levels...
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