Analysis on the Functions of Financial Intermediary
- 10.2991/assehr.k.211209.024How to use a DOI?
- Financial Intermediary; Financial arbitration; Economic Globalization
With the continuous development of the times, the development of financial intermediary makes human society step into a state of efficient integration and matching between real economy and virtual economy. In order to improve the understanding of the function and performance of financial intermediary institutions, the author has carried out an in-depth study on this knowledge. In order to have a deeper understanding, the author makes a detailed analysis, especially on the function of financial intermediary and the comparison between China and abroad. there are many factors that affect the development of financial arbitration, but in the long run, the growth of financial intermediary is driven by the growth of economy. Financial innovation, technological revolution and changes in the financial system all play a vital role. However, the main reason is that financial intermediaries contribute to the development of the economy by reducing social transaction costs, improving the information gap and promoting the effective allocation of resources through effective risk management.
- © 2021 The Authors. Published by Atlantis Press International B.V.
- Open Access
- This is an open access article under the CC BY-NC license.
Cite this article
TY - CONF AU - Yanyu Li PY - 2021 DA - 2021/12/15 TI - Analysis on the Functions of Financial Intermediary BT - Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021) PB - Atlantis Press SP - 152 EP - 155 SN - 2352-5428 UR - https://doi.org/10.2991/assehr.k.211209.024 DO - 10.2991/assehr.k.211209.024 ID - Li2021 ER -