Stephanie Espinosa Ensayo Sistema Financiero

8/18/2019 Stephanie Espinosa Ensayo Sistema Financiero

1/22

1ENSAYO SISTEMA FINACIERO

UNIVERSIDAD TECNICA PARTICULAR DE LOJA

II ENCUENTRO NACIONAL DE BANCA Y FINANZASJOSE SALVADOR CORTES GARCIA

STEPHANIE GABRIELA ESPINOSA TORRESFebrero 2016.


2/22

Tabla de Contenidos

C!"#$%o 1 Iro'$(()*&................................................................................................................1Lo+ Re#o+ 'e % 'e+(e%er()*& e(o&*,)( 'e C-)& e% (,b)o 'e !o%"#)(,o&e#r) e& USA.....................................................................................................................2

A/e$r+ e,!re&'e'or+......................................................................................................4Co,o !r#)()!r e& e% ,er('o 'e /%ore+ ...........................................................................7Cr)+)+ )&&()er )er&()o&%...............................................................................................11E/o%$()*& 'e% +)+#e, )&&()ero e& e% E($'or ................................................................15

C!"#$%o 2 Re+$%#'o+ ')+($+)*&..........................................................................................20L)+# 'e reere&()+....................................................................................................................21.......................................................................................................................................................21


3/22

Capítulo 1

Introducción

E& e% !re+ee e&+o ,$e+#r /r)o+ #e,+ +obre e(o&o," &)/e% &()o&%

e )er&()o&% ')(- )&/e+#)()o&e+ $ero& br('+ !or !o&ee+ e% !+'o

')()e,bre 'e% 201 e+#e (o&re+o #$/o % '$r()*& 'e 'o+ '"+ #e&)e&'o (o,o

!r#)()!e+ /r)o+ e ),!or#e+ e3!o+)#ore+ #o &)/e% %o(% (o,o &()o&%

,o+#r'o 'e+'e +$ !er+!e(#)/ % e(o&o," (#$% 4$e e+#5 e&re&'o e% !"+

e% ,$&'o.


4/22

Los Retos de la desaceleración econóica de C!ina " el cabio de política

onetaria en #SA

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P(")(o.

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5/22

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6/22

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7/22


8/22

Cr%&'8 1>M? P)+#r$) e# %.8 1>>M< o 4$e e+#$')& #)!o+ 'e e3!&+)*&8 (o,o

!$e'e +er % !er#$r 'e +$($r+%e+ ;B)#&er Poe%8 1>M? L$8 200>>>? Cr!eer Pe#er+e&8 2002< 4$e e%

(re(),)eo 'e %o+ (#)/o+ 'e % e,!re+ +e re%()o& 1 1 (o& e% )&&(),)eo


9/22

)er&o ;Cr!eer Pe#er+e&8 2002


10/22

• PRIVADO8 +o& %+ &eo()()o&e+ 4$e +e re%)@& e& or, ')re(# ere

(o,!r'or /e&'e'or8 +)& % )er/e&()*& 'e $& (+ 'e /%ore+.

• PRIARIO8 e+ 4$e% e& e% ($% +e re%)@ % !r),er /e o (o%o(()*&

'e /%ore+ 4$e -(e e% e,)+or (o& e% )& 'e ob#e&er ')re(#,ee %o+

re($r+o+.

• SECUNDARIO8 (o,!re&'e %+ &eo()()o&e+ !o+#er)ore+ % !r),er

(o%o(()*& 'e /%ore+.

Entidades de control&

• CONSEJO NACIONAL DE VALORES e+ e% *r&o '+(r)#o %

SUPERINTENDENCIA DE COPANIAS 4$e e+#b%e(e % !o%"#)( e&er%

'e% ,er('o 'e /%ore+ re$% +$ $&()o&,)eo.

• SUPERINTENDENCIA DE COPANIAS e+ % )&+#)#$()*& 4$e e:e($# %

!o%"#)( e&er% 'e% ,er('o 'e /%ore+ (oro% %o+ !r#)()!e+ 'e%

,er('o.

• BOLSAS DE VALORES #r/9+ 'e +$ ($%#' 'e $#orre$%()*&

!$e'e& ')(#r +$+ re%,eo+ 'e,5+ &or,+ )er&+ 'e !%)(()*&

e&er% !r #o'o+ +$+ !r#)()!e+8 +" (o,o8 e:er(er e% (oro% 'e +$+

,)e,bro+ e ),!o&er %+ +&()o&e+ 'ero 'e% 5,b)#o 'e +$ (o,!e#e&().

Los participantes&


11/22

• EISORES8 +o& (o,!"+ !=b%)(+8 !r)/'+ o )&+#)#$()o&e+ 'e% +e(#or

!=b%)(o 4$e )&&()& +$+ (#)/)''e+ ,e')e % e,)+)*& (o%o(()*& 'e

/%ore+8 #r/9+ 'e% ,er('o 'e /%ore+.

• INVERSIONISTAS8 +o& 4$e%%+ !er+o&+ &#$r%e+ o :$r"')(+ 4$e

')+!o&e& 'e re($r+o+ e(o&*,)(o+ %o+ 'e+#)&& % (o,!r 'e /%ore+8

(o& e% ob:e#o 'e %orr $& reb)%)'' 'e($' e& $&()*& 'e% r)e+o

'4$)r)'o. Pr !r#)()!r e& e% ,er('o 'e /%ore+ &o +e re4$)ere 'e

,oo+ ,"&),o+ 'e )&/er+)*&.

• BOLSAS DE VALORES8 +o& (or!or()o&e+ ()/)%e+ +)& )&e+ 'e %$(ro 4$e

#)e&e& !or ob:e#o br)&'r %o+ +er/)()o+ ,e(&)+,o+ &e(e+r)o+ !r %

&eo()()*& 'e /%ore+ e& (o&')()o&e+ 'e e4$)''8 #r&+!re&()8

+e$r)'' !re()o :$+#o.

• CASAS DE VALORES +o& (o,!"+ &*&),+ $#or)@'+8 ,)e,bro+

'e %+ bo%++ 'e /%ore+ ($ !r)&()!% $&()*& e+ % )er,e')()*& 'e

/%ore+8 'e,5+ 'e +e+orr e& ,#er) 'e )&/er+)o&e+8 $'r

e+#r$(#$rr e,)+)o&e+ +er/)r 'e ee (o%o('or 'e %+ e,)+)o&e+

!r),r)+.

• DEPOSITO CENTRALIZADO DE COPENSACION Y LIUIDACION DE

VALORES8 e+ $& (o,!" &*&), 4$e +e e&(r 'e !ro/eer+er/)()o+ 'e 'e!*+)#o8 ($+#o')8 (o&+er/()*&8 %)4$)'()*& re)+#ro 'e

#r&+ere&() 'e %o+ /%ore+. O!er #,b)9& (o,o (5,r 'e

(o,!e&+()*&.


12/22


13/22

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')+!o+)()*& !r #% ee(#o % bo%+ 'e /%ore+.

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'e,&'+8 (%(e+ ()erre+ 'e o!er()o&e+ +e ee(#=& #r/9+ 'e $& re' 'e

(o,!$#'ore+8 'e !ro!)e'' 'e % bo%+ o (or#' !or e%%.

'enta(as

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Crisis %inanciera internacional

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,o&e#r)o+.


14/22

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15/22

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16/22


17/22

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'e+rro%%o 'e % (#)/)'' e(o&*,)( (producir y consumir) haciendo que los

fondos lleguen desde las personas que tienen recursos monetarios excedentes

hacia las personas que necesitan estos recursos. Los intermediarios financieros

crediticios se encargan de captar depósitos del público y, por otro, prestarlo a los

demandantes de recursos”.

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18/22

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B&(o+ Se$ro+ 'e% E($'or.


19/22

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20/22

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21/22

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e% (o&%)(#o b9%)(o (o& Per= -(e& 4$e E($'or /)/ $& 'e %+ ,5+ r/e+ (r)+)+

b&(r)+.


22/22

Lista de re%erencias

http://geocrisisemergentes.blogspot.com/

http://dspace.utpl.edu.ec/bitstream/123456789/3019/1/Aguirre20!udino20"iana

20Ale#andra202620Andrango20Anrango20$usana20del20%ocio.pd&

http://'''.(isionindustrial.com.m#/industria/economia)*)&inan+as/el)e&ecto)china)su)

desaceleracion)en)la)economia)global.html

http://'''.bolsade,uito.in&o/uploads/normati(a/normati(a)del)mercado)de)(alores/le*)

de)mercado)de)(alores/141024195748)

4d&8d7eda00bdc4ba0e84cd4b59cbe50-le*ercadoalores.pd&

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Stephanie Espinosa Ensayo Sistema Financiero

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