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Financial innovation and credit market development.

By: Bhatt, V.V.
Material type: materialTypeLabelBookPublisher: Washington : World Bank, 1989Subject(s): Financing | Financial policy -- Market planning//Innovations//Marketing/. -- Financial policy -- Market planning//Innovations//MarketingSummary: 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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On Shelf 		XX(12427.1) (Browse shelf) 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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