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THE FINANCIAL SYSTEM
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Brief intro
Ing. Jan Oplatek, MBA
Client Operational Head
Banking & Capital markets
Infosys BPO
–Equity, Bond, Derivatives & FX trader
–M&A, corp. Finance
–Retail banking management
–Court aproved expert for Equity valuations
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Content
1. The Economy System
2. The Financial System
3. Functions of the Financial System
4. Financial Institutions in the Financial System
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1.The Economy System
The basic function of any economy is to allocate scarce resources.
The Economic System must combine inputs – land and other natural
resources, labor and capital equipment – in order to produce outputs
– in the form of goods and services.
The Economic System
The economy generates a flow of production in return for a flow of
payments.
Goods
and
services
Land
Labor
Capital
Flow of production
Flow of payments
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Methods of Exchange
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Money
Money is anything that someone is willing to accept in
payment for goods and services or to pay off debts.
1.The Economy System
•The Czech Economy system :
•Economic growth is above average,
•Inflation is low,