Europe s Fitful Financial Integration

45. Miss CUI Ying (China) said that global financial integration had led to accelerated flows of financial resources.

quot Globalization, in particular global financial integration, implies opportunities and challenges.

Recognizing the weaknesses and the need to improve international financial architecture to enable it to deal with the new challenges of global financial integration,

2. In the light of these experiences, the General Assembly began a series of discussions on development and global financial integration.

9. Global financial integration presents new challenges and opportunities for the international community.

1 Developments were traced in two reports of the Secretary General, one entitled Global financial integration challenges and opportunities (A 51 388) and the other Global financial integration an update (A 52 406).

China s financial system is failing in that respect, owing to frequent administrative and political intervention. As a result, Shanghai has been restricted from making the best of its financial functions, and Hong Kong, Asia s acknowledged financial center, from assisting China s financial modernization.

Underlining the urgent need to continue to work on a wide range of reforms for a strengthened and more stable international financial system with a view to enabling it to deal more effectively and in a timely manner with the new challenges of development in the context of global financial integration,

Global financial integration and imbalances in financial and money markets had adversely affected many countries, particularly emerging market economies.

Closer integration will require joint indemnity schemes as well as regional finances.

There is universal recognition that global financial integration is not an option it is a historical shift.

Resolution of financial crises

37. Financial integration, through loans on the financial markets, foreign investment and loans from international financial institutions, was proving more complex and less rapid.

Confessions of a Financial Deregulator

13. The process of financial innovation and deregulation and liberalization of financial markets throughout the world had led to more integrated and globalized capital markets.

With regard to global financial integration, stronger regulations were needed for domestic macroeconomic, financial and currency policy in order to lower the risks of financial and currency crises in developing and transition countries.

Reform in the financial sector should aim to remove all institutional impediments responsible for the financial repression that currently exists in some countries and to create properly functioning and better integrated capital markets.

51 166. Global financial integration and strengthening collaboration between the United Nations and the Bretton Woods institutions

In turn, the closer integration of global financial and other markets has meant that the knock on effects of economic and financial crime can seldom be confined to a single country.

The only thing was a hunk of melted gold, like a tooth.

Global financial integration should be to the benefit of all countries and all peoples and we must all work together to reduce the risks of marginalization.

Of course, integrated financial markets also benefit banks clients by enabling institutions to provide broader and higher quality financial services at lower prices. Furthermore, strong international financial partners are indispensable to multinational corporations, which often need global cash management or support for large scale transactions.

Globalization and integration of financial markets, together with outward oriented policies in developing countries, had generated significantly increased financial flows to certain parts of the developing world.

Effectiveness in the protection of financial system

The IFC offers a mix of financing that is tailored to meet the needs of each project.

There was a consensus that greater efforts need to be made to integrate the financial, economic, social and political policies and strategies.

Malaysia and many other countries in Asia had run that risk during the 1997 financial crisis, prompted by the activities of financial speculators in an unregulated international financial system.

CFA Franc BCEAO

The Conference stressed the importance of developing an orderly and strengthened international financial system with a view to addressing the fundamental weaknesses of the present system and stemming possible repercussions of any future financial crises.

These aren't financial stats this is culture.

The Dark Matter of Financial Globalization

The False Promise of Financial Liberalization

(b) International financial system and development

The consultations generated many concrete proposals aimed at establishing effective measures for the prevention and resolution of financial crises, securing viable sources of domestic finance, and improving governance of the international financial system.

Trade and transport facilitation may be incorporated into regional integration processes such as the adoption of ICT, multimodal transport, financial instruments and regional energy markets.

These include the integration of the global economy, financial markets and trade, access to media and communication technology, as well as environmental degradation due to the irresponsible use of resources.

77. There was a need to integrate the financial and monetary policies of both developed and developing countries in particular, the exchange regime of the leading industrialized countries must be stabilized.

Speed and sequencing of financial liberalization

The Agricultural financial system (S.F.R. ) is one of the components of the PROAGRI and it has as the chief objective to guarantee the flow of funds to the family sector made up mostly of women.

Promotion of South South trade and financial integration were essential and African countries were encouraged to participate actively in the GSTP process.

Global financial integration offers great opportunities but also great challenges it offers benefits but it also poses great risks.

The Council had before it a note by the Secretary General identifying issues relating to global financial integration and development (E 1998 9).

The glass was then I'll just use the word impregnated but it had a layer of metal that was called stressed metal.

But progress has been slow, because China s politicians have put nurturing financial centers which should be the objective of local governments at the heart of the country s financial development. Indeed, equating financial liberalization with privileges for cities designated as financial centers undermines the very goals of liberalization namely, to reduce government control and to accelerate the development of financial markets.