Difference between revisions of "Why is there Finance"
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== Why is there Finance? == | == Why is there Finance? == | ||
| + | There are several arguments why modern society has developed complex financial systems: | ||
| + | * helps (in principle) with the better [[Risk Management | management]] of various forms of [[Risk]] | ||
| + | * [[Financial Markets]] help to providing price signals | ||
| + | * help curbing agency problems | ||
| + | * reduce informational asymmetries | ||
| + | * support economic growth | ||
| + | * facilitate entrepreneurship | ||
| + | |||
| + | == Issues and Challenges == | ||
| + | * Inequality | ||
| + | * Sustainability | ||
| + | * Poor regulation | ||
| + | * Recurring financial crises | ||
| + | * [[Financial Literacy]] | ||
[[Category:Why is there]] | [[Category:Why is there]] | ||
Latest revision as of 12:42, 25 September 2021
Why is there Finance?
There are several arguments why modern society has developed complex financial systems:
- helps (in principle) with the better management of various forms of Risk
- Financial Markets help to providing price signals
- help curbing agency problems
- reduce informational asymmetries
- support economic growth
- facilitate entrepreneurship
Issues and Challenges
- Inequality
- Sustainability
- Poor regulation
- Recurring financial crises
- Financial Literacy
