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Effect of financial globalization on developing countries

Research in the field of globalization has become a dynamic area. This research paper provides the effects of financial globalization for developing economies. | Effect of financial globalization on developing countries International Journal of Management IJM Volume 10 Issue 4 July-August 2019 pp. 19 23 Article ID IJM_10_04_003 Available online at http www.iaeme.com ijm issues.asp JType IJM amp VType 10 amp IType 4 Journal Impact Factor 2019 9.6780 Calculated by GISI www.jifactor.com ISSN Print 0976-6502 and ISSN Online 0976-6510 IAEME Publication EFFECT OF FINANCIAL GLOBALIZATION ON DEVELOPING COUNTRIES Nikhil Purohit BBA Student-Jain University-Center for Management Studies Bangalore India Dhwani Adesara BBA Student-Jain University-Center for Management Studies Bangalore India Swati Kedia BBA Student-Jain University-Center for Management Studies Bangalore India Prof Abhishek Venkteshwar Assistant Professor--Jain University-Center for Management Studies Bangalore India ABSTRACT Research in the field of globalization has become a dynamic area. This research paper provides the effects of financial globalization for developing economies .It mainly focuses on the analysis about how the developing countries can achieve the benefits and control the risk of financial globalization. This research paper also comes to a conclusion about the rapidly growing positive support for financial globalization. This article hopes to provide a better perspective to the reader. Key word financial globalization developing countries economy. Cite this Article Nikhil Purohit Dhwani Adesara Swati Kedia and Prof Abhishek Venkteshwar Effect of Financial Globalization on Developing Countries International Journal of Management 10 4 2019 pp. 19 23. http www.iaeme.com IJM issues.asp JType IJM amp VType 10 amp IType 4 1. INTRODUCTION Financial globalization is integration of all countries financial markets of the world into one big market. There is some relationship between the financial globalization and economic growth. the beneficial effects of financial globalization can be easily detected if there is an absorptive capacity of developing countries.