Peculiarities of international financial network mapping Cover Image

Tarptautinio finansinio tinklo identifikavimo ypatumų analizė
Peculiarities of international financial network mapping

Author(s): Asta Gaigalienė
Subject(s): Economy
Published by: Vytauto Didžiojo Universitetas
Keywords: Finansinis susietumas; Finansinis tinklas; Tinklo identifikavimas Financial connectivity; Financial network; Network mapping

Summary/Abstract: Remiantis atliktų tarptautinių finansinių tinklų teorinių bei empirinių tyrimų analizės rezultatais, analizuojami tarptautinio finansinio tinklo identifikavimo ypatumai. Analizuojama metodika pritaikyta tarptautinio portfelinių investicijų tinklo atveju. Over the past two decades the international financial system has undergone significant changes. Due to the development of information and communication technologies as well as innovations in financial products, under the conditions of financial liberalization, in recent years the scale, scope and speed of capital flows circulating in the international financial system have increased significantly. International financial flows during the period of international financial crises of 2007–2008 have become not only the mechanism for the capital and financial power allocation, but also the source of systemic risks. Non-trivial nature of the interdependencies between individual countries in the international financial system creates the need to investigate the cross-border financial connectedness as a complex phenomenon, incorporating the value of international financial linkages as well as their structure. Despite the growing interest in the cross-border financial connectedness issues, its conceptualization and assessment remain complicated and unresolved. While analyzing the scientific literature, unanimous international financial network identification principles were not observed.

  • Issue Year: 8/2014
  • Issue No: 2
  • Page Range: 119-140
  • Page Count: 21