rahandussüsteem
The rahandussüsteem (financial system) refers to the interconnected network of institutions, markets, and instruments that facilitate the flow of capital and enable economic transactions. It plays a crucial role in allocating resources, managing risk, and supporting economic growth by connecting savers with borrowers, investors with enterprises, and governments with citizens.
A well-functioning rahandussüsteem typically includes several key components: central banks, commercial banks, financial markets (such as
Financial markets provide platforms for trading assets like stocks, bonds, and derivatives, allowing investors to diversify
The efficiency of a rahandussüsteem depends on transparency, trust, and effective governance. Innovations such as digital
In Estonia, the rahandussüsteem is closely aligned with European Union financial frameworks, benefiting from the single