I. General (Overview)
- Financial system-is a collection of markets, institutions, laws and regulations and techniques through which bonds, stocks, and other securities traded, interest rates determined, and financial services produced and delivered.
Financial System encompasses a group of intermediaries which facilitates the flow of funds from the areas of surplus to the areas of deficit. It is composition of various institutions, markets and laws, practices, money managers, analysts, transactions and claims and liabilities. This facilitates the exchange of financial instruments like deposits and loans, corporate stocks and bonds, government bonds etc.
- The financial system of nations might be either bank based financial system, for instance, in the case of Ethiopia or market based financial system in modern economies. In spite of the differences, the primary task of financial systems is to move scarce loanable funds from those who have saved to those who borrow for consumption and investment.
CHAPTER 1 : The Role of the Financial System in the Economy
CH 1 : General Overview
CH 1 Lesson : The Role of the Financial System in the Economy
CHAPTER 2 : FINANCIAL SYSTEMS
CH 2 : General Overview
CH 2 Lesson : FINANCIAL SYSTEMS
CHAPTER 3 : Interest Rates Vs security prices & inflation
CH 3 : Overview
CH 3 Lesson : Interest Rates Vs security prices & inflation
CHAPTER 4 : The Regulation of Financial Markets and Institutions
CH 4 : Overview
CH 4 Lesson : The Regulation of Financial Markets and Institutions
CHAPTER 5 : History of banking and money in Ethiopia
CH 5 : Overview
CH 5 Lesson : History of banking and money in Ethiopia