Prospects and future of the global integrated financial system.
This study aims to verify the degree of economic integration. The costs and benefits of having a Global Integrated Financial System are analyzed. Our econometric testing found that various representative variables of the global economic and financial system were cointegrated. This indicates that the...
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| Main Authors: | , , |
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| Other Authors: | |
| Format: | Final Year Project |
| Published: |
2008
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10356/8955 |
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| Institution: | Nanyang Technological University |
| Summary: | This study aims to verify the degree of economic integration. The costs and benefits of having a Global Integrated Financial System are analyzed. Our econometric testing found that various representative variables of the global economic and financial system were cointegrated. This indicates that the world is moving in the direction of an integrated financial system. |
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