Global cross-border capital flows down 60% from peak;
Global cross-border capital flows have fallen more than 60% from their pre-crisis peak, with the UK seeing the biggest fall, highlighting the challenges created by a plunge in cross-border lending and the availability of funds for investment.
Over two dozen businessmen and CEOs told Business Standard that the latest crisis will crimp global capital flows further, leaving little hope for the Indian stock markets to recover in the near future.