global financial system

The global financial system is a complex network of institutions, markets, and regulations that facilitate the flow of money across countries. It enables people and businesses to borrow, invest, and trade internationally, supporting economic growth. Banks, stock exchanges, central banks, and governments work together to ensure stability, manage risks, and promote efficient allocation of resources. This system underpins everyday transactions like buying goods, paying bills, or investing savings, connecting economies worldwide and maintaining confidence in the value of money globally.