The new dinamics of financial globalization by Susan Lund, Eckart Windhagen, James Manyika, Philipp Härle, Jonathan Woetzel and Diana Goldshtein published by McKinsey Global Institute (8/2017). “Since the global financial crisis began in 2007, gross cross-border capital flows have fallen by 65 percent in absolute terms and by four times relative to world GDP. Half of that decline has come from a sharp contraction in cross-border lending. But financial globalization is still very much alive – and could prove to be more stable and inclusive in the future.”
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