Sound and innovative financial systems contribute to a growth in living standards, whereas financial system instability can be extremely destructive for living standards, as illustrated by the 1997 financial crisis in a number of Southeast Asian countries which resulted in falls in the value of national output, income and wealth.
essay代写The same theory has also been shown in the 2008 Global Financial crisis. Financial system has a close relationship with the real economy; it is closely linked to the whole development of the economy and society through performing their functions to promote the progress of a variety of other industries. 澳洲代写To some degree, financial sectors are interrelated to everyone.
This report provides an overall of Australian and Chinese financial systems, central banks, financial institutions, financial markets and financial regulation. assignment代写Then we compare and contrast the similarities and differences between Australian and Chinese financial systems. In addition, through the analysis, the efficiency of Australian and Chinese financial systems could be seen obviously. 澳洲作业代写