What Drives Financial Globalization?

The video discusses the current state of financial globalization, noting that while the expansion of cross-border financial assets is slowing, it is not reversing. It explains how financial globalization is measured using metrics like the stock of cross-border financial claims and liabilities, and the IMF's proxy for financial globalization. The video also explores factors influencing the pace of globalization, such as global trade, economic growth, and regulation, highlighting the shift from bank credit to bond markets as a key trend.

What is the current trend in the rate of expansion of cross-border financial assets?

How do analysts measure financial globalization according to the text?

What are the key levers that influence the pace of financial globalization?

What has been the impact of global trade on financial globalization in recent years?

How has the demand for cross-border credit changed among companies?