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)
| Identifer | oai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:unisa/oai:uir.unisa.ac.za:10500/16755 |
| Date | 11 1900 |
| Creators | Epstein, Stanley Robert |
| Contributors | Fourie, L. J., Brown, G. P. |
| Source Sets | South African National ETD Portal |
| Language | English |
| Detected Language | English |
| Type | Dissertation |
| Format | 1 online resource (viii, 168 pages) |
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