The Context: The Financial System

Vincenzo Formisano
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Vincenzo Formisano: University of Cassino

Chapter 1 in Non-Knowledge Risk and Bank-Company Management, 2016, pp 1-26 from Palgrave Macmillan

Abstract: Abstract The functioning of the financial system, given the nature of the activity, takes place in a context of rules and controls. The raison d’être of the financial system is linked to the performance of certain functions that are critical, due to the way a modern economy of monetary exchange runs. These functions satisfy the specific needs of the economic system, thus allowing the development of production and distribution processes.

Keywords: Social Capital; Corporate Governance; Monetary Policy; Financial System; Banking System (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-1-137-49713-0_1

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DOI: 10.1057/9781137497130_1

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