ABSTRACT

As the world's financial markets become increasingly integrated and competitive Financial Systems: Principals and Organization offers an explanation of how and why change occurs. Data from four major financial systems are used to highlight principal financial system features. There is also a detailed exploration of the economic principles behind financial deals. It also offers:
* Wider scope than other books on the subject making it an ideal introductory text
* More up-to-date economic explanations
* An international overview of US, Pacific and European economies
This book has already been adopted by the Canadian Institute of Bankers for its financial systems course offered worldwide. Financial Systems will be invaluable reading for students and professionals alike.

part |2 pages

Part I Overview

chapter 1|6 pages

Introduction

chapter 2|16 pages

Roles and clients

chapter 3|15 pages

Financial system organisation

chapter 4|11 pages

Change

chapter 5|16 pages

Financial systems: an empirical overview

part |2 pages

Part II Concepts

chapter 6|25 pages

Principles of asset pricing

chapter 7|25 pages

Dividing and pricing risks

chapter 8|16 pages

Financial governance

chapter 9|21 pages

Portfolio governance

chapter 10|14 pages

Deals’ terms

chapter 11|17 pages

Market trading and intermediation

part |2 pages

Part III Financial markets

chapter 12|24 pages

Domestic financial markets

chapter 13|22 pages

Markets for risk trading

chapter 14|22 pages

International financial markets

part |2 pages

Part IV Financial intermediaries

chapter 15|20 pages

Principles of intermediation

chapter 16|17 pages

Domestic intermediation

chapter 17|13 pages

International intermediation

part |2 pages

Part V Assessing and improving performance

chapter 18|11 pages

Government financial activity

chapter 19|13 pages

Supervision

chapter 20|11 pages

Toward the future