Copyright 2010 Pearson Addison-Wesley. All rights reserved.Chapter 2 An Overview of the Financial System 金融体系概览Copyright 2010 Pearson Addison-Wesley. All rights reserved.2- 2Function of Financial Markets金融市场的功能 Perform the essential function of channeling funds from economic players that have saved surplus funds to those that have a shortage of funds. 金融市场的基本经济功能是将资金从那些拥有资金盈余的经济主体那里转移到资金短缺的经济主体手中。 Direct finance: borrowers borrow funds directly from lenders in financial markets by selling them s
