In order to enhance public knowledge of the financial services industry and its significance to the economy, Stabroek Business has agreed to partner with the Guyana Association of Securities companies Intermediaries Incor-porated (the Guyana Stock Exchange) to publish a series of articles on the subject.
The articles are tailored to enhance the knowledge of persons who are not necessarily specialists in the business and finance sector.
Introduction and Overview
The financial services industry is an important part of modem economy. It plays a critical role in providing resources for the productive sectors and also in helping to mobilize savings, moving it from those who have excess to those who need. It also promotes economic efficiency by producing an efficient allocation of capital, which increases production. Additionally, it improves the well-being
