Case summary:
The cross-border capital flows such as foreign direct investment, equity purchase, and bonds all made the world into a global market system. The cross-border capital declined in the year 2014. The global crisis of 2008 was one of the biggest reasons for the decline of cross-border capital throughout the world.
The financial institution Company LB was affected by the global financial crisis. The global market plunged intro great crisis during this period. The global market did not recover even after 7 years of the crisis. The global market cross-border capital flows are still 66% below its peak value.
To explain: The possibility of the global financial crisis occurring again and the possible impact.
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International Business: Competing in the Global Marketplace
- Foundations of Business (MindTap Course List)MarketingISBN:9781337386920Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage Learning