Ways to Increase Trust in Global Economic Relations and the Banking Sector

This paper gives information about global economic relations, the banking sector and ways to increase trust in them. The banking sector refers to the aggregation of financial institutions that provide various financial services to individuals, businesses, and governments. There are some types of banks like commercial banks (for every banking needs), investment banks (specialize in raising capital for companies), central banks (regulate other banks and maintain financial stability), retail banks (focus on customer services), and cooperative banks (focusing on community support and financial inclusion). Financial Intermediation, international trade and investment, regulatory framework and coordination, economic stability and crises, and economic development are aspects of the relationship between the banking sector and global economic relations.