Financial Innovations and the Welfare of Nations How Cross-Border Transfers of Financial Innovations Nurture Emerging Capital Markets

Dec 6, 2012
By: Jacque LL; Vaaler PM Springer Science & Business Media
Laurent Jacque
Display Name
Laurent Jacque
Abstract
This introductory chapter argues that financial innovations nurture the “
emergence' process of capital markets in developing countries by bringing about
a lower national cost of capital that in turn enhances the wealth of nations. If one
can ...
Copy Citation Jacque, L. L., & Vaaler, P. M. (2012). Financial Innovations and the Welfare of Nations How Cross-Border Transfers of Financial Innovations Nurture Emerging Capital Markets. Springer Science & Business Media. Copied to clipboard.