Coordinated securities exchanges and cross fringe budgetary administrations regularly give a more extensive pool to the intermediation of money related assets and more noteworthy profundity to monetary markets, and could likewise be wellsprings of disease. Access to education and wellbeing administrations in progressively created economies that could add to the human capital turn of events and skills accumulation, which feed into higher development rates. In addition, development overflows and exogenous stuns could be transmitted through changes in factor profitability and business certainty from neighbouring nations.
Coordinated securities exchanges and cross fringe budgetary administrations regularly give a more extensive pool to the intermediation of money related assets and more noteworthy profundity to monetary markets, and could likewise be wellsprings of disease. Access to education and wellbeing administrations in progressively created economies that could add to the human capital turn of events and skills accumulation, which feed into higher development rates. In addition, development overflows and exogenous stuns could be transmitted through changes in factor profitability and business certainty from neighbouring nations.
Option 1 -
Integrated stock markets and cross border financial services of one country often impact the economic growth of its neighbouring countries and moreover growth spill overs bring business certain
Option 2 -
Coordinated securities exchanges could be the source of contagion and it further degrades the growth rate of other neighbouring nations.
Option 3 -
Access to education and health services in more developed economies could contribute to human capital development and skills accumulation, which feed into higher growth rates.
Option 4 -
Economic performance of one country impacts the growth rate of other developing economies through access to education and other health related facilities.
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1 Answer
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Correct Option - 1
Detailed Solution:Option A brings all the points together and mainly focuses on the central idea of the passage without citing any examples.
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