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Preferred term

capital market integration  

Definition

  • The global integration of capital markets over the last three decades is at once a principal driver of globalization and a hallmark of the increasingly globalized economy. Capital markets are settings in which buyers and sellers of different kinds of capital—foreign currencies, corporate securities, government bonds, bank loans—meet to negotiate prices. [Source: Encyclopedia of Governance; Capital Market Integration]

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https://concepts.sagepub.com/social-science/concept/capital_market_integration

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