FunctionsandRolesoftheFinancialSystemintheGlobalEconomy幻灯片.pptVIP

Money and Capital Markets;? Learning Objectives ?;Introduction;Introduction;Flows within the Global Economic System;Flows within the Global Economic System;Flows within the Global Economic System;The Role of Markets in the Global Economic System;Types of Markets;Types of Markets;Functions Performed by the Global Financial System and the Financial Markets;Functions Performed by the Global Financial System and the Financial Markets;Functions Performed by the Global Financial System and the Financial Markets;Types of Financial MarketsWithin the Global Financial System;Types of Financial MarketsWithin the Global Financial System;Types of Financial MarketsWithin the Global Financial System;Types of Financial MarketsWithin the Global Financial System;Credit, the Common Commodity. The shifting of borrowers among markets helps to weld the parts of the global financial system together and to bring the credit costs in the different markets into balance with one another. Speculation and Arbitrage. Speculators who watch for profitable arbitrage opportunities help to maintain consistent prices among the markets.;Factors Tying All Financial Markets Together;The Dynamic Financial System;The Plan of This Book;The Plan of This Book;The Plan of This Book;Money and Capital Markets in Cyberspace;Money and Capital Markets in Cyberspace;Money and Capital Markets in Cyberspace;Chapter Review;Chapter Review;Chapter Review;Chapter Review;Money and Capital Markets;? Learning Objectives ?;? Learning Objectives ?;Introduction;The Creation of Financial Assets;Characteristics of Financial Assets;Characteristics of Financial Assets;Different Kinds of Financial Assets;Different Kinds of Financial Assets;The Creation Process for Financial Assets;Financial Assets and the Financial System;Financial Assets and the Financial System;Financial Assets and the Financial System;Lending and Borrowing in the Financial System;Lending and Borrowing in the Financial System;Lending and Borrowing in the Financ