Financial integration

Financial integration refers to the process where countries or regions coordinate their financial systems, markets, and policies to work more seamlessly together. This includes removing barriers to cross-border investments, harmonizing regulations, and creating unified financial infrastructure. The goal is to allow capital, investments, and financial services to move more freely across borders, increasing efficiency, stability, and economic growth. Essentially, it makes it easier for financial resources to flow internationally, fostering closer economic ties and reducing the costs and risks associated with international finance.