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    STUDIA OECONOMICA - Issue no. 2 / 2004  

Authors:  DANA E. BAKO.
  Abstract:  Historical Outlook on Financial Integration Research presents the main studies on this subject. From studying the sensibility of the capital flows, the interest modifications and the international Fisher effect up to the comparisons between national stock markets and the quantitative aspects of the financial integration, it is obvious that the world financial markets are now in an intermediary stage, neither perfectly integrated, nor perfectly segmented.  
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