The Lecture is about Global Capital Market. Globalization of capital market facilitates the free flow of money around the world, enabling individuals and institutions based in one nation to invest in corporations based elsewhere with relative ease. In the past, substantial regulatory barriers separated national capital market from each other. It was often difficult to take capital out of a country and invest it elsewhere. Capital markets involve the issuing of stocks and bonds for medium-term and long-term duration, generally terms of one year or more.
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