In 2008-2009, the world economy retrenched in the wake of a global financial crisis. Did the globalization of capital markets contribute to this crisis? If so, what can be done to stop global financial contagion in the future?© BrainMass Inc. brainmass.com March 5, 2021, 12:46 am ad1c9bdddf
The globalization of capital markets has contributed to this crisis. When there was crisis in one market, there was rebalancing done by institutional and other large inventors. This contributed to the contagion. There are several steps that governments can take to stop global financial contagion in future. The contagion spreads ...
The answer to this problem explains the special problems of financing a global business . The references related to the answer are also included.