Epstein, Stanley Robert (1996) Financial Innovation and Its Implications for Monetary Policy in South Africa. Masters thesis, University of South Afrrica.
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Abstract
Financial innovation is a process that is not fully understood because of its 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
| Item Type: | Thesis (Masters) |
|---|---|
| Uncontrolled Keywords: | Financial innovation; innovation; circumvention innovation; competitive innovation; financial system; monetary policy; money; technology and financial innovation; South African monetary policy; South African financial system; effects of financial innovation. |
| Subjects: | H Social Sciences > HC Economic History and Conditions H Social Sciences > HF Commerce |
| Divisions: | Africana |
| Depositing User: | Mr Jude Abhulimen |
| Date Deposited: | 09 Jan 2017 11:25 |
| Last Modified: | 09 Jan 2017 11:31 |
| URI: | http://thesisbank.jhia.ac.ke/id/eprint/1334 |
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