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Finance and Credit
 

Economy globalization as driving process of integration of capital of world financial markets

Vol. 18, Iss. 43, NOVEMBER 2012

Available online: 21 November 2012

Subject Heading: Financial system

JEL Classification: 

Isakova N.Y. PhD in Economics, Associate Professor of department "Insurance", The Ural Federal University
isakova_75@mail.ru

Yuzvovich L.I. PhD in Economics, Associate Professor of department "Insurance", The Ural Federal University
yuzvovich@bk.ru

In article it is noted that globalization of economy assumes transformation of world economic space to uniform system where freely move the capital, information, the goods and services, business ideas extend, stimulating development of modern financial and credit institutes on the basis of mechanisms of financial engineering. The phenomenon of globalization makes appreciable impact on the public work: policy, ideology, culture, giving a powerful impulse to formation of new system of the international financial and economic and political relations.

Keywords: globalization, capital integration, world financial markets, foreign investments, financial engineering

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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