Today this is as true for banks, which remain important providers of credit, as it is for other providers of capital. G  Last, the new environment entails new and complex linkages - - between domestic and international markets, and within and across countries - - reflecting the internationalization of local banking, equity, debt, and currency markets, and the greater complexity of funding structures.
This principle sounds simple and its logic is indeed not complicated. It is, however, as difficult to adhere to it in practice as its logic is simple. It seems to me that it has even become more difficult to apply in recent decades as a result of the rapid development in information and communication technology.