2009The Young Economists JournalRequires access

GLOBALIZATION AND PERFORMANCES IN BANKING ACTIVITY

Tatiana Spulbăr, Oana Gherghinescu, Cristi Spulbăr

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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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What this paper is about

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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Available 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.

Key concepts: Globalization, Financial globalization, Financial market, Dimension (graph theory), Business, Process (computing), Economic system, Market economy

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