... welcome to open academic research library project ...

All documents from are for research assistance purpose only. Do not present the material as your own work!

bookmark & share the essay...

Bookmark and Share
All /

Development of the Financial System

This paper presents an in-depth discussion on the development of the banking and financial institution in a particular country.

language english
wordcount 5410 (cca 15 pages)
contextual quality N/A
language level N/A
price free
sources 18
Table of contents

Introduction 1
Composition of the Banking System 1
The Relevance of the Financial System to Development 2
Inflation and the Financial System 3
Control of Inflation 4
Banking Support for Agrarian Reform 4
Capital Formation and the Financial System 5
Capital Flow and the Financial System 5
The World Bank/IMF Impact on the Financial System of a Country 6
Off-shore Banking 9
At a Glance 10
References 12

Preview of the essay: Development of the Financial System

The mobilization of physical and human resources in economic development is facilitated by the financial system of the country. This system consists of the banking and related institutions that handle credit and other services related to business transactions (Carincross, 1965). As the requirements of the economic sectors grow, the financial system should expand. In fact, the development of this system may in itself spur the development motion because the financial institutions could channel investments and credit support to enterprises at any stage of establishments. For the economy to develop its trade, industry, agriculture and services sectors, it should necessarily have a well organized financial system. Certain countries have financials systems that are apt for their development requirements. The financial system, which is the network of legally established institutions engaged in the mobilization, circulation and control of money and credit, facilitates the flow of funds in the economy (Chandler, 1964). It makes the financing of commerce, services, industry and agriculture larger than would be possible if transactions were done on the purely person to person basis. Those who run the financial system use their own and other people’s money as they ...

... enabling the marginalized farmers to improve their livelihood and to increase the productivity of the farm sector. These cannot be done without banking structure to prop up its programs.
The rate of the capital formation in a country does not depend entirely upon the desire of people and firms to invest. In a large way, this is influenced by the existence of a financial system that accumulates the saving of the people and channels them to firms that will in town use them in job-creating productive activities and asset acquisition. Debt-equity swap, where in the indebtedness of the companies to the banks are exchanged for bank ownership in the corporations.
Essay is in categories




Strategic Management


terms of use | contact us |  © - all rights reserved