Financial innovation and credit market development.
Material type:
TextPublication details: Washington : World Bank, 1989.Subject(s): Summary: This paper argues that the function of a central bank is to promote financial innovations that enlarge the capital market by introducing new credit instruments, cultivating new markets and introducing new institutional structures.
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INESOR Library On Shelf | XX(12427.1) (Browse shelf(Opens below)) | 1 | Available | 12427-1001 |
This paper argues that the function of a central bank is to promote financial innovations that enlarge the capital market by introducing new credit instruments, cultivating new markets and introducing new institutional structures.
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