Visit the International Monetary Fund's (IMF) (http://www.imf.org). Click on Publications, then on Periodicals, and then on Finance & Development. In the March 2002 Volume, read the article, "The Globalization of Finance," written by Gerd Hausler, Counselor and Director of the IMF's International Capital Markets Department.
Please answer the following questions -
? How is financial globalization is affected by the following?
b. Capital mobility
c. The introduction of common currencies
d. The formation of economic communities and trading blocs
? How have the Internet and technological advances in computing power and communications affected the following?
a. The provision of domestic and global banking products and services
b. The degree of competition in the world's financial markets
c. Domestic and global financial system reform
? How is regulatory reform
a. an important element by itself in reshaping the financial services landscape?
b. a reaction to the other forces of change affecting financial markets?
Internet and technological advances in computing power and communications are studied.