Thank you very much for your comment and interesting scientific information. I invite people interested in the above issues to the discussion.

The issues of globalization of financial and banking systems are described in the publications:

https://www.researchgate.net/publication/323244562_Adjustment_of_Polish_banks_to_international_standards_as_a_factor_of_globalization_of_the_national_financial_system

https://www.researchgate.net/publication/320061057_THE_IMPORTANCE_OF_ECONOMIC_GLOBALIZATION_IN_THE_CONTEXT_OF_THE_DEVELOPMENT_OF_THE_FINANCIAL_SYSTEM_IN_POLAND

https://www.researchgate.net/publication/327201145_Social_and_economic_determinants_of_the_processes_of_economic_globalization_that_shape_the_development_of_the_banking_system_in_Poland

https://www.researchgate.net/publication/320074691_ADMINISTRATIVE_LEGAL_AND_SUPERVISORY_DETERMINANTS_OF_GLOBALIZATION_OF_FINANCIAL_MARKETS_AND_THE_BANKING_SYSTEM_IN_POLAND

I invite you to discussion and cooperation. Greetings

As a result of globalization processes, does the share of the SME sector in your country increase or decrease in the domestic economy?

The sector of micro enterprises and small and medium-sized enterprises, i.e. SMEs in contemporary economies of developed countries, usually has a particularly important role for the effective development of the national economy.

Usually about 90 percent. or more economic goods, income etc. is created in this sector. The share of this sector in the Gross National Product of the domestic economy is similar.

But this situation is not identical in every country. In addition, the growing importance of cross-border trade and capital transfer can change the importance of this sector in modern economies.

This is mainly due to the growing importance of supranational large corporations and financial institutions, including banks and investment funds.

These large industrial, service, commercial and financial corporations are a particularly important factor in contemporary globalization processes.

In view of the above, I would like to ask you: Does the share of the SME sector in your country increase or decrease in the domestic economy as a result of globalization processes?

Please, answer, comments. I invite you to the discussion.

Can current globalization processes increase the systemic risk of global economic and financial crises?

Yes. In my opinion, globalization is leading to the Integration of Business Cycles. In this way, globalization may deepen economic crises, including the global financial and debt crisis. An example was the global financial crisis, which appeared in mid-September 2008. At that time bankruptcy was announced by one of the largest investment banks in the world. As a result of unreliable credit risk management procedures, billions of USD of financial losses have been generated. It turned out that the unwritten rule no longer works, that "big can not fall". However, it is the emergence of ever larger international corporations and financial institutions that is one of the main determinants of the processes of economic globalization that have been progressing in recent years. these processes continue. Every few years, as a result of the merger of some of the largest financial institutions through mergers and acquisitions, more and more banks are formed. On the other hand, international operating industrial corporations move their factories from country to country, looking for cheaper workforce, and international trading and service corporations set up subsidiaries and sales outlets in other countries. Capital links grow transnational and thus systemic risk grows, whose sources can be related to the progressing economic globalization.

Please reply. I invite you to the discussion

The above discussion inspired me to the following considerations:

Is the importance of the psychology of financial markets and behavioral economics in the securities markets falling after the global financial crisis?

Are the investors operating in securities markets more cautious in making investment decisions after the global financial crisis, or are they more thoroughly analyzing the investment risk of investing in capital markets?

Has any of you conducted research aimed at identifying possible changes in the significance of the psychology of financial markets and behavioral economics in the capital markets, including securities markets after the global financial crisis of 2008?

If research shows that the importance of the psychology of financial markets and behavioral economics on the capital markets is decreasing, what is it mainly determined?

Is this the result of post-crisis higher awareness of investment risk among investors, or also changes in the structure of dominant segments of investors operating on capital markets, or is it also the result of the increase in the number of transactions conducted by computerized transaction systems?

Please reply. I invite you to the discussion

In addition, I note the interesting discussion inspired me to the following considerations:

Is the situation on the stock exchange markets really correlated with the macroeconomics of the entire economy?

In the long-term period, this correlation is significant. On the other hand, however, the importance of state intervention implemented through monetary policy pursued by the central banking and through the budgetary policy pursued by the ministerial bodies appointed for this purpose within the state administration is growing. The central banks in many countries, including the Federal Reserve Bank and the European Central Bank after the outbreak of the global financial crisis in the autumn of 2008, have applied particularly significant interventionist monetary policy. I researched this issue and published scientific publications on this topic.

I invite you to the discussion

Analysis of the functioning of securities markets?

The study of the functioning of securities markets is particularly important in the context of the analysis of the effective functioning of modern economies. It is particularly important to limit the systemic investment risk and strengthen the instruments of financial supervisors to reduce the likelihood of further global financial crises.

I invite you to the discussion