Tuong Dao

Daily Archives: June 10, 2020

Cross-Border Capital Flows And The Risks of Financial Crises

Financial Crisis Risks from Globalization

Globalization cannot be progressing without cross-border capital flows. These capital flows can exist in the form of foreign direct investment, stock and bond purchases, and lending. Although there are many benefits that cross-border capital flows bring to globalization, there are still disadvantages. One of the most outstanding disadvantages is that during the time of a […]