Financial system: Difference between revisions
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imported>Nick Gardner No edit summary |
imported>Nick Gardner No edit summary |
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====Pensions==== | ====Pensions==== | ||
===The | ===The financial instruments=== | ||
==== | ====Stocks and shares==== | ||
==== | ====Bonds==== | ||
==== | ====Mortgages==== | ||
==== | ====Derivatives==== | ||
===The financial markets=== | ===The financial markets=== | ||
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====Securities regulators==== | ====Securities regulators==== | ||
===The central banks=== | |||
====The Federal Reserve System==== | |||
====The European Central Bank==== | |||
====The Bank of England==== | |||
====Other central banks==== | |||
===International institutions=== | ===International institutions=== | ||
Revision as of 03:53, 7 November 2008
The financial system is an essential component of the economies of the industrialised countries. It is an international complex interactive system, events in one component of which, in one of the industrialised country, can have significant repercussions elsewhere. Malfunctioning of the international financial system, such as occurred as a result of the banking crash of 2008 can damage much of the world's economy, as happened in the recession of 2008. The following article is intended mainly as a gateway to articles on components and aspects of the system.