Financial Innovations and the Welfare of Nations
Subtitle: How Cross-Border Transfers of Financial Innovations Nurture Emerging Capital Markets
Contributors: Laurent L. Jacque (Editor); Paul M. Vaaler (Editor)
Edition: 1 edition
Publisher: Springer
Published: April 30, 2001
Language: eng
Format: Hardcover
Number of pages: 384
ISBN-13: 9780792373285
Subjects: International Finance; Finance; Capital movements; Capital Management; Business & Economics; Business / Economics / Finance; Economics - General; Business/Economics; Developing countries; Congresses; Accounting - General; Business & Economics / Finance; Business & Economics : Accounting - General; Business & Economics : Economics - General; International - General; Corporate Finance
First sentence: Financial innovation is often blamed for what is perceived as an increase in systemic risk - the Asian and Latin American crises being the latest cases in point.