GLOBALIZATION AND PERFORMANCES IN BANKING ACTIVITY
Tatiana Spulbăr, Oana Gherghinescu, Cristi Spulbăr
Abstract
Tatiana Spulbăr, Oana Gherghinescu, Cristi Spulbăr
Abstract
Each area is influenced by globalization and the financial markets are not only an exception but these can be considered a real engine of the globalization. It is obvious that we can’t talk only about a national market but of a financial market which works at a global level. The present events guide us to another thinking of the features and effects of globalization. The social-economical consequences transmitted by globalization of the economy and advantages or disadvantages of the banking-financial globalization can’t be outlined without having a new vision over the dimension and complexity of this present process.
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Each area is influenced by globalization and the financial markets are not only an exception but these can be considered a real engine of the globalization. It is obvious that we can’t talk only about a national market but of a financial market which works at a global level. The present events guide us to another thinking of the features and effects of globalization. The social-economical consequences transmitted by globalization of the economy and advantages or disadvantages of the banking-financial globalization can’t be outlined without having a new vision over the dimension and complexity of this present process.
Key concepts: Globalization, Financial globalization, Financial market, Dimension (graph theory), Business, Process (computing), Economic system, Market economy