Liquid Capital, or Fluid capital is a readily convertible asset, such as money

Money

Money is any object or record that is generally accepted as payment for goods and services and repayment of debts in a given country or socio-economic context. The main functions of money are distinguished as: a medium of exchange; a unit of account; a store of value; and, occasionally in the past,...

 or other bearer economic instruments, as opposed to a long term asset like real estate. Liquid capital may be held by individuals, companies, or governments.

Globalization

Globalization

Globalization refers to the increasingly global relationships of culture, people and economic activity. Most often, it refers to economics: the global distribution of the production of goods and services, through reduction of barriers to international trade such as tariffs, export fees, and import...

 means that developing countries have easier access to liquid capital from around the world, but if a country becomes too dependent on foreign liquid capital any political or economic difficulties can be exacerbated by capital flight

Capital flight

Capital flight, in economics, occurs when assets and/or money rapidly flow out of a country, due to an economic event and that disturbs investors and causes them to lower their valuation of the assets in that country, or otherwise to lose confidence in its economic...

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