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Finance, Financial Systems

  • By: Luca Prono
  • In: Encyclopedia of Global Studies
  • Edited by: Helmut K. Anheier & Mark Juergensmeyer
  • Subject:Globalization, Social Policy (general), Cultural Geography

Finance is the branch of economics that studies financial markets, systems, and institutions. The process of globalization has increasingly rendered these areas internationally interdependent. The basic function of financial systems is to allow a flow of funds from lenders (those who ...

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