During the past 4 years, faith in the present financial model has been shaken in terms of policy, regulation, the financial sector itself, and exchange-rate regimes. Past and present policies of the world's most respected central banks have come under fire. Regulations that defined the system have undergone major reviews. Complicated financial instruments that provided new ways of financial intermediation have been exposed as culprits behind the financial meltdown. After 10 years of success, Europe's single currency is under threat. In short, the established financial model not only has...
During the past 4 years, faith in the present financial model has been shaken in terms of policy, regulation, the financial sector itself, and exch...
This book records the first success stories of a new form of financial intermediation, the hometown investment fund, that has become a national strategy in Japan, partly to meet the need to finance small and medium-sized enterprises (SMEs) after the devastating earthquake and tsunami in March 2011.
The hometown investment fund has three main advantages. First, it contributes to financial market stability by lowering information asymmetry. Individual households and firms have direct access to information about the borrowing firms, mainly SMEs, that they lend to. Second, it is a stable...
This book records the first success stories of a new form of financial intermediation, the hometown investment fund, that has become a national str...
During the past 4 years, faith in the present financial model has been shaken in terms of policy, regulation, the financial sector itself, and exchange-rate regimes. Past and present policies of the world s most respected central banks have come under fire. Regulations that defined the system have undergone major reviews. Complicated financial instruments that provided new ways of financial intermediation have been exposed as culprits behind the financial meltdown. After 10 years of success, Europe s single currency is under threat. In short, the established financial model not only has...
During the past 4 years, faith in the present financial model has been shaken in terms of policy, regulation, the financial sector itself, and exch...
This book introduces hometown investment funds, which have become a national small business finance strategy in Japan since the earthquake and tsunami in 2011. Explores the basics of the method, and relates success stories from Japan and other parts of Asia.
This book introduces hometown investment funds, which have become a national small business finance strategy in Japan since the earthquake and tsunami...
