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Financial globalization has increased capital mobility from "summary" of International Money and Finance by Michael Melvin

Financial globalization is a phenomenon that has reshaped the landscape of international finance in recent decades. One of the key aspects of financial globalization is the increased mobility of capital across borders. This means that capital can flow more easily between countries, seeking out the highest returns and opportunities for investment. The increase in capital mobility has been facilitated by various factors, including advances in technology, changes in regulations, and the liberalization of financial markets. As a result, investors now have greater access to a wide range of financial instruments and markets around the world. This has led to a more interconnected global financial system, where capital can move swiftly ...
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    International Money and Finance

    Michael Melvin

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