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Innovations in the international financial markets

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  • Maier, Gerhard

Abstract

The appearance of the international financial markets is changing rapidly; new instruments are constantly being hatched and marketed, often with considerable success. However, the ingenuity of the markets does not always meet with applause; the banking supervisory authorities and central banks view the rapid pace of innovation with concern and the banking community also displays occasional unease. On balance, do the positive aspects outweigh the negative ones?

Suggested Citation

  • Maier, Gerhard, 1986. "Innovations in the international financial markets," Intereconomics – Review of European Economic Policy (1966 - 1988), ZBW - Leibniz Information Centre for Economics, vol. 21(4), pages 170-175.
    • Handle: RePEc:zbw:inteco:140034
    DOI: 10.1007/BF02925381
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    Cited by:

    1. Herrmann, Anneliese, 1988. "Wechselkursrisiko und Unternehmensverhalten: Ergebnisse einer Befragung," Discussion Papers, Series II 64, University of Konstanz, Collaborative Research Centre (SFB) 178 "Internationalization of the Economy".

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    Banking;

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