FINANCIAL GLOBALIZATION AS A FACTOR OF ECONOMIC INFLUENCE
Journal: Science Journal "NovaInfo" (Vol.2, No. 52)Publication Date: 2016-10-16
Authors : Shangurova Elena Aleksandrovna;
Page : 86-91
Keywords : FINANCIAL GLOBALIZATION; MANIFESTATIONS OF FINANCIAL GLOBALIZATION;
Abstract
Globalization of the modern world economy and the increasing interdependence of national economies are among the most characteristic features. Generalized integration processes in the sphere of production and Finance. These processes accelerated with the latest achievements of scientific-technical progress leads to increasing interdependence of national parts of world economy, which, in turn, inevitably led to the development of the investment process, the formation of economies with innovative type of economy. One of the main features of financial globalization is the significant increase of the role of the financial sector associated with the expansion of the scope and complexity of the nature of foreign economic relations. The financial system increasingly became a tool of redistribution of financial resources in accordance with the needs and possibilities of development of production not only in national but also in global scale.
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