Market unbound

About this book

The profit opportunities available today in the global capital markets are so large, and the capital seeking those opportunities is so vast and so highly mobile, that we are entering into an entirely new era of capitalism. The process of globalization has been going on gradually for decades, but the world's capital markets have now reached critical mass. They are poised to fuse into a single global capital market, and we are about to enter into an era of explosive growth as a result. Market Unbound is the first book to provide a dynamic blueprint of this challenging new global market. Authors Lowell Bryan and Diana Farrell of McKinsey & Company, Inc., explore the enormous effect this revolution will have on governments, corporations, and individual investors. Although the global economy has already undergone major - and irreversible - change, the transformations yet to come promise the most significant economic developments since the Industrial Revolution. In the uncertain future, one thing is clear: the global capital market is increasingly dictating the actions and policies of governments, as opposed to governments dictating the actions and policies of the market.