The Emergence of Global Finance
The recent renaissance in technology and the increase in globalization, financial markets around the world have become more connected. International trading and investments have increased and businesses find it easier to grow beyond their home countries and participate in global markets. And whether we recognize it or not, global finance affects all of us in some way. The Emergence of Global Finance Global finance is defined as the international framework of economies, regulations, and financial institutions and how these things interact with each other. Global finance covers a range of topics such as financial regulations, exchange rates, investments, trading, and other important topics associated with international financial management. All of which are always in flux. Benefits and Risks of a Global Financial System Crises like the 2008 global financial crash and the COVID-19 pandemic have highlighted some of the weaknesses and vulnerabilities inherent to a global financial system. F...