ARESTIS, PHILIP; BASU, SANTONU; MALLICK, SUSHANTA - In: Journal of Post Keynesian Economics 27 (2005) 3, pp. 507-531
Financial globalization, by definition, means the integration of financial markets of all countries of the world into one. This is only possible provided uniformity can be brought in the terms and conditions across the globe for raising international loans. The existence of different currencies...