24
edits
Students:2009/2010 student themes: Difference between revisions
Jump to navigation
Jump to search
Students:2009/2010 student themes (view source)
Revision as of 21:17, 3 January 2010
, 21:17, 3 January 2010no edit summary
No edit summary |
|||
| Line 132: | Line 132: | ||
[[National laws for global capital markets - A contradiction?]] | [[National laws for global capital markets - A contradiction?]] | ||
Capital markets are a place where different financial instruments are listed. | Capital markets are a place where different financial instruments are listed. Through globalisation this process has become very unclear and sophisticated. Also the quantity of money which is traded on capital markets has increased. As a result this trade has to be regulated. Primarily companies and governments can influence markets. Governments are donors of framework conditions while companies choose where and in which way their money will be invested. The power relations between governments and companies have changed in recent times. Multicorporate enterprises gain more influence on conditions of the market, because of their huge financial power. Governments have to play along if they want to maintain jobs and tax receipts in the country. In fact capital markets can’t be regulated by national states because they operate globally. For this reason a supranational institution with wide warrants of regulation is required. Actual existing institutions’ structures are inappropriate to fulfill this task. | ||
*Helena Radoňová | *Helena Radoňová | ||