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International Grid of Capital Flows: Innovation, Crisis, and Off-shore Banking

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Stability in International Finance

Part of the book series: SpringerBriefs in Economics ((BRIEFSECONOMICS))

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Abstract

Disequilibrium financial markets are now embedded in international financial networks, which direct the flow of capital around the world. These international cash flows are involved in the process of international banking; and the modern technologies of information and communications (IC) have increased the speed, volume, and complexity of international flows. But at the end of the twentieth century, the global world began to experience destabilizing international flows—particularly in the Asian financial crisis of 1997, Global financial crisis of 2007, and Euro crisis of 2010. In using the IC technologies, how has international banking increased the frequency and intensity of international financial crises?

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Betz, F. (2016). International Grid of Capital Flows: Innovation, Crisis, and Off-shore Banking. In: Stability in International Finance. SpringerBriefs in Economics. Springer, Cham. https://doi.org/10.1007/978-3-319-26760-9_2

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