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Financial innovation and its implications for monetary policy in South Africa

Financial innovation is a process that is not fully understood because of ~ts nebulous nature
and the difficulties in determining its causes and effects. The pace of financial innovation
has increased rapidly in recent years. With this increased level of new financial instruments
and processes has also come the realisation that financial innovation may well influence the
successful application of monetary policy. Under certain circumstances monetary policy may
hampered or may be rendered ineffective by financial innovation. This dissertation examines
the nature and causes of financial innovation and its implication for the successful application
of monetary policy both internationally and in South Africa. / Economics / M. Com (Economics)

Identiferoai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:unisa/oai:uir.unisa.ac.za:10500/16755
Date11 1900
CreatorsEpstein, Stanley Robert
ContributorsFourie, L. J., Brown, G. P.
Source SetsSouth African National ETD Portal
LanguageEnglish
Detected LanguageEnglish
TypeDissertation
Format1 online resource (viii, 168 pages)

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