The reduced capital inflow into fixed exchange rate regimes could imply that the collapse in capital account globalization since the crisis is not over, notes UBS. Paul Donovan and Sophie Constable of UBS in their February 24, 2016 research note titled: “The continued collapse of globalization” note global capital flow collapsed as a share of global GDP following the global financial crisis. Capital is more scarce relative to trade Donovan and Constable reckon international capital is harder to come by. The analysts reckon countries without sufficient domestic capital will have to fight to finance their current account deficits, particularly if…
Reversal Of Capital Account Globalization Likely To Persist: UBS
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports