Irfan Ahmed, PhD

The Structure of the International Capital Market The main actors in the international capital market are: •          Commercial banks •          Corporations •          Nonbank financial institutions •          Central banks and other government agencies •          Forex brokers International Banking and the International Capital Market Growth of the International Capital Market •          The removal of barriers to private capital flows across countries’ borders has contributed to rapid growth in the international capital market. •          A policy “trilemma” refers to three available options: –         Fixed exchange rate –       ...