Synopsis
This second edition presents an updated analysis of the roles played by financial institutions and markets in the working of the UK economy. It addresses the internationalization of capital markets and monetary policy and the increasing competition between banks in the light of technological advances. The introduction provides an overview of the system, and subsequent sections deal with the theory of the financial system - including the factors governing interest rates in Britain - the saving, investment and financial behaviour of the main sectors of the economy, the modes of operation of the financial institutions and markets, and the regulatory system. The final chapter examines the efficiency with which the system fulfills its functions in the economy, reaching a mixed verdict.
Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.
Quatrième de couverture
This second edition of an already widely–used textbook presents an up–to–date analysis of the roles played by financial institutions and markets in the working of the UK economy. For the second edition Professor Bain has updated all empirical material as well as addressing the internationalization of capital markets and monetary policy and the increasing competition between banks in the light of technological advances.
The introduction provides an overview of the system, and the following sections deal with the theory of the financial system – including the factors governing interest rates in Britain – the saving, investment and financial behavior of the main sectors of the economy, the modes of operation of the financial institutions and markets, and the regulatory system. The final chapter examines the efficiency with which the system fulfils its functions in the economy, reaching a mixed verdict.
The book assumes only a basic grounding in economics and will be widely recommended to students of macroeconomics, monetary economics and finance. This second edition of an already widely–used textbook presents an up–to–date analysis of the roles played by financial institutions and markets in the working of the UK economy. For the second edition Professor Bain has updated all empirical material as well as addressing the internationalization of capital markets and monetary policy and the increasing competition between banks in the light of technological advances.
Présentation de l'éditeur
This second edition of an already widely–used textbook presents an up–to–date analysis of the roles played by financial institutions and markets in the working of the UK economy.
The book assumes only a basic grounding in economics and will be widely recommended to students of macroeconomics, monetary economics and finance.
Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.
