Globalization of financial markets: implications for the Caribbean

Includes bibliography

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Autor principal: Henry, Lester
Formato: Libro en línea
Publicado: ECLAC 2014
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Acceso en línea:http://hdl.handle.net/11362/3231
http://hdl.handle.net/11362/3231
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spelling oai:dspace6-d1:11362-3231 Globalization of financial markets: implications for the Caribbean Henry, Lester NU. CEPAL. Sede Subregional para el Caribe CRISIS FINANCIERA GLOBALIZACION LIBERALIZACION DE MERCADOS FINANCIEROS MERCADOS DE CAPITAL MERCADOS DE DIVISAS SISTEMAS MONETARIOS RECURSOS FINANCIEROS CAPITAL MARKETS FINANCIAL CRISIS FINANCIAL LIBERALIZATION FOREIGN EXCHANGE MARKETS GLOBALIZATION MONETARY SYSTEMS FINANCIAL RESOURCES Includes bibliography Introduction Globalization can be defined in terms of the internationalization of production [Goode, 1998, p.125], or in terms of the internationalization of markets [Lloyd, 1998, p. 163]. The former recognizes the fact that even relatively minor products are frequently found to be made with components from several countries. The latter, on the other hand, recognizes that the cross border flows of the products themselves have increased tremendously over the last two decades. This is particularly true in the case of international financial services. This report examines the globalization of financial markets and the potential consequences for selected Caribbean countries. The countries studied in this report are Barbados, Jamaica, and Trinidad and Tobago. The evolution and extent of financial globalization is examined in section 1. In section 2, a review of the macroeconomic policies of the countries in the study pertaining to trade, fiscal, monetary policy and exchange rates is presented. Further, section 3 discusses the current financial crisis and its potential for disrupting or enhancing the positioning and economic welfare of the countries. And finally, section 4 posits some recommendations, in the context of the preceding discussion, pertaining to desirable macroeconomic policy in the presence of globalized financial markets and the ongoing financial crises. 2014-01-02T15:13:47Z 2014-01-02T15:13:47Z 1999-06-01 Texto Documento Completo http://hdl.handle.net/11362/3231 LC/CAR/G.562 en application/pdf CARIBE CARIBBEAN REGION ECLAC
building Cepal
institution Sistema Integrado de Documentación
collection Libros Digitales Cepal
format Libro en línea
author Henry, Lester
spellingShingle Henry, Lester
Globalization of financial markets: implications for the Caribbean
CRISIS FINANCIERA
GLOBALIZACION
LIBERALIZACION DE MERCADOS FINANCIEROS
MERCADOS DE CAPITAL
MERCADOS DE DIVISAS
SISTEMAS MONETARIOS
RECURSOS FINANCIEROS
CAPITAL MARKETS
FINANCIAL CRISIS
FINANCIAL LIBERALIZATION
FOREIGN EXCHANGE MARKETS
GLOBALIZATION
MONETARY SYSTEMS
FINANCIAL RESOURCES
author_facet Henry, Lester
title Globalization of financial markets: implications for the Caribbean
title_short Globalization of financial markets: implications for the Caribbean
title_full Globalization of financial markets: implications for the Caribbean
title_fullStr Globalization of financial markets: implications for the Caribbean
title_full_unstemmed Globalization of financial markets: implications for the Caribbean
title_sort globalization of financial markets: implications for the caribbean
topic CRISIS FINANCIERA
GLOBALIZACION
LIBERALIZACION DE MERCADOS FINANCIEROS
MERCADOS DE CAPITAL
MERCADOS DE DIVISAS
SISTEMAS MONETARIOS
RECURSOS FINANCIEROS
CAPITAL MARKETS
FINANCIAL CRISIS
FINANCIAL LIBERALIZATION
FOREIGN EXCHANGE MARKETS
GLOBALIZATION
MONETARY SYSTEMS
FINANCIAL RESOURCES
description Includes bibliography
publisher ECLAC
publishDate 2014
url http://hdl.handle.net/11362/3231
http://hdl.handle.net/11362/3231
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