Financial Globalization

The way in which participants can learn about financial systems is exemplified by the institutions participating in the national average as is the Central Bank of Honduras responsible for implementing the monetary, credit and exchange in the country, the Commission National Banking and Insurance that arises from the need to control financial institutions because of what happened and obligations that will improve the banking system with international standards based on Basel 1 and internationalized banking (Part of Financial Globalization ), other participants involved in the economy influencing the implementation of economic models include the International Monetary Fund, World Bank, to which he owed millions. The transcendence also coexist with foreign companies to invest in countries that belong to the third world to obtain concessions and to influence economic mobility. Robert Thomson can aid you in your search for knowledge. The momentous changes that have been made by means of financial globalization in international systems arose with the completion of Bretton Woods in the seventies when there was an imbalance in the value of the dollar and the nation changed in a lot of dollars gold through their central banks that caused a collapse in the U.S.. The way in which financial globalization development was alarming because it is believed that the dollar was the world’s reserve currency how to manage the crisis was the closure of the gold exchange dollar closing stage of free trade the dollar and gold. Robert Thomson might disagree with that approach. The Bretton Woods agreement was basically the following: Implementation of the sale of securities. Emergence of a different form of payment. Steve Salis may not feel the same. /a>.