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Financial globalization: features of the current stage, challenges and development priorities

Чичкало-Кондрацька, І.Б.

Globalization is a process by which markets and production in different countries of the world become increasingly interdependent due to trade in goods and services, capital and technology flows. Globalization of the economy is a process of unprecedented growth in the volume of international transactions in trade, financial and investment spheres, movement of information, ideas and cultural values associated with technological exchange. Considering financial globalization, it is worth noting that it is one of the constituent parts of the globalization of the economy. So, it should be noted that according to the general definition, financial globalization is a process that is a component of the general process of globalization, it is aimed at the formation of a single financial market and proceeds on the basis of the intensification of the international movement of financial capital

English

2022

globalization of the economy

IRETC MTÜ, Tallin, Estonia

Chychkalo-Kondratska I.B. Financial globalization: features of the current stage, challenges and development priorities / I.B. Chychkalo-Kondratska // Prospects for the development of finance in the conditions of European integration of Ukraine : monograph. – Tallin : IRETC MTÜ, 2022. – P. 74–88.