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This book offers a comprehensive analysis of the processes of financial innovation and the diffusion of new financial instruments in both retail and corporate banking sectors. Through a blend of theoretical insights and empirical research, the contributors explore various topics including the relationship between financial innovation and market structure, the legal protection of financial innovation, and the impact of technological advancements on banking practices. The book examines innovations such as microfinance, internet banking, credit derivatives, and covered bonds, providing a detailed understanding of how these developments influence the banking industry.
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Publisher: Edward Elgar Publishing
Publishing Year: 2009
ISBN: 978‑1848440401
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