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May 27, 1998

Globalized Financial Markets and Monetary Policy

Remarks Gordon Thiessen La Conférence de Montréal Montréal, Quebec
Globalization - that is, the growing integration and interdependence of national economies - is changing dramatically the economic landscape. Countries are trading more goods and services, an increasing number of firms now operate across national borders, and savers and borrowers have greater access than ever before to global financial markets.