Did globalization of capital markets contribute to crisis

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1. Why has the global capital market grown so rapidly in recent decades? Do you think this growth will continue throughout the next decade? Why?

2. In 2008-2009, the world economy retrenched in the wake of a global financial crisis. Did the globalization of capital markets contribute to this crisis? If so, what can be done to stop global financial contagion in the future?

Reference no: EM131374233

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