Question: Question 1 'A highly developed and efficient financial system is essential to ongoing economic growth and prosperity.' Required : Discuss the component parts that form

Question 1

'A highly developed and efficient financial system is essential to ongoing economic growth and prosperity.'

Required:

Discuss the component parts that form a financial system and the relevance of the above statement.

Question 2

The evolution of nation-state financial systems into an integrated global financial systems has occurred, and continues to occur, due to a number of specific factors.

Required

Identify and discuss the factors that have influenced the development of global financial system?

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