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How does globalization increase systematic risk? How might globalization decrease systematic risk? Please, a very detailed answer...

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Economics

How does globalization increase systematic risk? How mightglobalization decrease systematic risk? Please, a very detailedanswer will be very appreciated

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Globalization in my view contributes to the convergence of market cycles In this way globalisation like the global financial and debt crisis will exacerbate economic crises The global financial crisis which erupted in midSeptember 2008 was one example It was then that one of the worlds largest investment banks declared bankruptcy Billions of USD of financial losses were created as a result of    See Answer
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