Description
Book SynopsisThis 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.
Table of ContentsList of Tables.
Preface to the Second Edition.
Preface to the First Edition.
Part I: Introduction.
1. The Financial System.
2. Finance in Britain.
Part II: Theory of the Financial System.
3. Mobilizing Saving.
4. Asset Transformation.
5. Interest Rates.
6. Interest Rates: Further Development.
Part III: The Users of the System.
7. Personal Saving and Investment.
8. Company Financial Behaviour.
9. Public Sector Investment and Financing.
10. The Overseas Sector and the UK Financial System.
Part IV: Financial Institutions and Markets.
11. Banks and Building Societies.
12. Investing Institutions.
13. Specialized Financial Institutions.
14. Financial Markets.
Part V: The Control and Efficiency of the System.
15. Regulation and Control.
16. The Efficiency of the Financial System.
Select Bibliography and Further Reading.
Index.
