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Interests and Limits of Globalisation as an Investment-Creating Process

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The Paradoxes of Globalisation
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Abstract

National financial systems of both developed and developing countries have experienced a serious wave of deregulation during the last thirty years. This was implemented by the countries’ governments, in order to promote investment, growth and employment in stabilised macroeconomic conditions (Aglietta et al., 1990). Barriers to international mobility of capital have, therefore, been erased in many countries, something which leads to financial markets being far better integrated today than they were thirty years ago.

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Eric Milliot Nadine Tournois

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© 2010 Sophie Nivoix and Dominique Pépin

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Nivoix, S., Pépin, D. (2010). Interests and Limits of Globalisation as an Investment-Creating Process. In: Milliot, E., Tournois, N. (eds) The Paradoxes of Globalisation. Palgrave Macmillan, London. https://doi.org/10.1057/9780230303966_14

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