Critical Analysis of the Financial Systems in Germany, Japan, the United Kingdom, the U.S. and Australia

There are many varied forms of financial systems, however many countries have financial systems which are similar and may be grouped, and in turn, compared to financial systems in other countries. One such example is the free market based financial system in Anglo-Saxon countries, such as the United Kingdom, or the United States, and the banking dominated financial systems of Germany and Japan. Corporate governance and financial systems play a big role on how financial systems operate. …