Global Cost and Availability of Capital Global integration of capital markets has given many firms access to new and cheaper sources of funds beyond those available in their home markets. If a firm is located in a country with illiquid, small,and/or segmented capital markets,it can achieve this lower global cost and greater availability of capital by a properly designed and implemented strategy.Global Cost and Availability of Capital Global integration of capital markets has given many firms access to new and cheaper sources of funds beyond those available in their home markets. If a firm is located in a country with illiquid, small, and/or segmented capital markets, it can achieve this lower global cost and greater availability of capital by a properly designed and implemented strategy