You searched for: Content Type Special Report Remove constraint Content Type: Special Report Publishing Institution Center for Social and Economic Research - CASE Remove constraint Publishing Institution: Center for Social and Economic Research - CASE Political Geography Global Focus Remove constraint Political Geography: Global Focus Publication Year within 3 Years Remove constraint Publication Year: within 3 Years Publication Year within 10 Years Remove constraint Publication Year: within 10 Years Publication Year within 25 Years Remove constraint Publication Year: within 25 Years Topic Energy Policy Remove constraint Topic: Energy Policy
- Author: Marek Dabrowski
- Publication Date: 07-2017
- Content Type: Special Report
- Institution: Center for Social and Economic Research - CASE
- Abstract: The recent wave of financial innovation, particularly innovation related to the application of information and communication technologies, poses a serious challenge to the financial industry’s business model in both its banking and non-banking components. It has already revolutionised financial services and, most likely, will continue to do so in the future. If not responded to adequately and timely by regulators, it may create new risks to financial stability, as occurred before the global financial crisis of 2007-2009. However, financial innovation will not seriously affect the process of monetary policymaking and is unlikely to undermine the ability of central banks to perform their price stability mission.
- Topic: Energy Policy, Environment, Monetary Policy, Financial Crisis, Economic growth, Innovation, Trade
- Political Geography: Europe, Global Focus, European Union