Global capital markets: Entering a new era

The global financial crisis and worldwide recession abruptly halted nearly three decades of expansion for international capital markets. From 1980 through 2007, the world’s financial assets—including equities, private and public debt, and bank deposits—nearly quadrupled in size relative to global GDP. Global capital flows similarly surged.
 

URL: 
http://www.mckinseyquarterly.com/Economic_Studies/Productivity_Performance/Global_capital_markets_Entering_a_new_era_2443