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International Financial System

MeaningGurusamy, writing in Financial Services and Systems has described it as comprising "a set of complex and closely interconnected financial institutions, markets, instruments, services, practices, and transactions."

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Слайд 1International Financial System
Finance 241
Gazizova Rufina

International Financial System  Finance 241Gazizova Rufina

Слайд 2Meaning
Gurusamy, writing in Financial Services and Systems has described it

as comprising "a set of complex and closely interconnected financial

institutions, markets, instruments, services, practices, and transactions."
MeaningGurusamy, writing in Financial Services and Systems has described it as comprising

Слайд 3Financial system

A financial system can be defined at the global,

regional or firm specific level


Financial systemA financial system can be defined at the global, regional or firm specific level

Слайд 4GFS
The global financial system (GFS) is the financial system

consisting of institutions and regulators that act on the international

level, as opposed to those that act on a national or regional level.
GFS The global financial system (GFS) is the financial system consisting of institutions and regulators that act

Слайд 5Components of…
Components of Financial System:
1. Money.
2. Banking and

Financial Institutions.
3. Financial Instruments.
4. Financial Markets.
5. Central

Banks.
Components of…Components of Financial System: 1. Money. 2. Banking and Financial Institutions. 3. Financial Instruments. 4. Financial

Слайд 6Money is defined as anything that is generally accepted in

payment for goods and services or in the repayment of

debt.
Money and Inflation. The aggregate price level is the average price of goods and services in an economy. Inflation is a continual rise in the price level. It affects all economic players.

Banking and Financial Institutions.
Banks make the monetary system a lot more efficient by reducing our need to carry a lot of cash.

Money is defined as anything that is generally accepted in payment for goods and services or in

Слайд 7Financial instruments
“Securities” is a name that commonly refers to financial

instruments that are traded on financial markets.
Financial markets
Financial markets are

mechanisms that allows people to easily buy and sell (trade) financial securities (such as stocks and bonds), commodities (such as precious metals or agricultural goods)

Financial instruments“Securities” is a name that commonly refers to financial instruments that are traded on financial markets.Financial

Слайд 8A Central Bank, reserve bank, or monetary authority is an

institution that manages a state's currency, money supply, and interest

rates. Central Banks also usually oversee the commercial banking system of their respective countries.

A Central Bank, reserve bank, or monetary authority is an institution that manages a state's currency, money

Слайд 9 Thank you for your

attention!

Thank you       for your

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