Financial Architecture
Financial architecture refers to the structure and framework of financial systems. It includes institutions, regulations, and markets. This architecture shapes how capital flows within an economy. It influences investment, savings, and economic growth. A robust financial architecture promotes stability and resilience. It also facilitates access to finance for businesses and individuals. Understanding this framework is crucial for effective economic policy and development.
In recent years, a growing number of African nations have found themselves in a precarious financial situation, characterised...
October 22, 2024