 Blood is the fluid of growth,
transporting nourishment through the
body.
 Blood is the fluid of health, transporting
disease-fighting substances.
Delivering oxygen, nutrients, hormones...
Whit
e
bloo
d
Looking out forcells
signs of disease and producing
antibodies and attacking
Red
blood
cells
Financial Sector and Resource Allocation
Investment
Proposals
Fund Providers
Potential
Investors
Financial Sector:
Resource Allocator
Resource
Deprivation
Pt
(RBC)
(WBC)
Investment
Failure
Bad loan
Inefficient Allocation
Production
Efficient Allocation
Land
Labor
Equipment
Resource Acquisition/Allocation
Case
approved
Functions of Financial Sector
(1) mobilizing savings
(2) allocating resources
(3) managing risk
(4) easing transaction
(5) monitoring corporate governance
Financial Sector
Savings
1
Fund
Insurance
Short
Capital Market (Direct Finance)
Long
2
3
Investment
4
Banking (Indirect Finance)
Consumption
5
4
Production
4
 血液是輸送養份的流體
 血液是輸送消滅病菌的流體
Delivering oxygen, nutrients, hormones...
Whit
e
bloo
d
Looking out forcells
signs of disease and producing
antibodies and attacking
Red
blood
cells
金融分配資源之功能
Investment
Proposals
資金提功者
Potential
Investors
金融部門:
分配資金
Resource
Deprivation
(RBC)
(WBC)
投資失敗
壞帳
Inefficient Allocation
生產順利
Efficient Allocation
土地
勞工
設備
Resource Acquisition/Allocation
Case
approved
Functions of Financial Sector
(1) mobilizing savings
(2) allocating resources
(3) managing risk
(4) easing transaction
(5) monitoring corporate governance
Financial Sector
Savings
1
Fund
Insurance
Short
Capital Market (Direct Finance)
Long
2
3
Investment
4
Banking (Indirect Finance)
Consumption
5
4
Production
4