Pros and cons of financial innovation


Çankaya S.

Globalization of Financial Institutions, Ümit Hacıoğlu, Editör, Springer, London/Berlin , Chur, ss.165-174, 2014

  • Yayın Türü: Kitapta Bölüm / Araştırma Kitabı
  • Basım Tarihi: 2014
  • Yayınevi: Springer, London/Berlin 
  • Basıldığı Şehir: Chur
  • Sayfa Sayıları: ss.165-174
  • Editörler: Ümit Hacıoğlu, Editör
  • İstanbul Ticaret Üniversitesi Adresli: Evet

Özet

This chapter gives an overview of how financial innovation has been one of the most influential factors in shaping today’s financial system and the world economy. It starts with a brief review of the financial innovation literature and addresses the determinants of financial innovation. The next section examines the current debate regarding financial innovation and concludes with a discussion for the future of these new financial products and processes.