Economics, Econometrics and Finance
8 years ago

Financial globalization intensifies competition and risk, challenging legal systems worldwide.

Journal of Shanxi Economic Management Institute
The Idea of Our Financial Supervision and Legal System
Duan Xu-wei

Paper Summary

Financial globalization is a major trend in international finance, making transactions cheaper and capital flow easier. However, it also increases financial risks and market competition. Improving financial supervision and legal systems is crucial to address these challenges in the 21st century.

Related papers

Theme background image
Social Sciences
6 years ago

Russian financial system faces crisis due to Western economic sanctions.

Socio-Economic Development
Cluster Analysis
Economic Sanctions
Business, Management and Accounting
6 years ago

Globalization of Financial Institutions Redefining Market Competition and Risk Management.

Market-Driven Management
Business, Management and Accounting
8 years ago

Economic globalization poses risks to financial institutions, calls for improved management.

Risk Management
1 view