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Financial Innovation: A Permanent Agenda in Finance

Journal of Financial Innovation

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Title Financial Innovation: A Permanent Agenda in Finance
Inovação Financeira: Agenda Permanente em Finanças
 
Creator Mendes-Da-Silva, Wesley
 
Subject
Innovation in Finance; Crowdfunding; Technology; Finance


 
Description The Journal of Financial Innovation (JoFI), which is totally independent and completely free to anyone who is interested in reading it, has been establishing itself as one of the first periodicals dedicated to financial innovation, a subject that has been growing in importance in various spheres of interest, from academia to industry, including policy makers. Economic stability and growth are closely linked to financial innovation in its various formats, i.e. products, processes and financial institutions.At the end of the 1980s the financial market in the United States and its institutions were facing changes that were seen as revolutionary at the time. In other words, at that particular moment in time we witnessed the rise of financial instruments and institutions that did not even exist at the end of the 1970s. As Mishkin (1990) points out, there is still an interest in understanding better the dynamic of the changes in financial systems and the proliferation of financial products. In this regard, the forces behind financial innovation are increasing in relevance. These include the conditions required for changes in the market, advances in technology, market (de)regulation, different types of crisis that are relevant to the market, new challenges facing banks, and other such matters.
O Journal of Financial Innovation (JoFI) – um veículo totalmente independente e integralmente gratuito para quaisquer interessados – vem consolidando-se como um dos primeiros periódicos dedicados à inovação financeira, tema que tem recebido crescente importância nas diversas esferas de interesse, desde academia até indústria, passando pelos policy makers. A estabilidade e o crescimento das economias estão intimamente ligados às inovações financeiras, nos seus diversos formatos, i.e. produtos, processos e instituições financeiros. Já no final dos anos 80 o mercado e as instituições financeiras dos Estados Unidos enfrentavam mudanças vistas como revolucionárias àquela época. Isto é, naquele momento testemunhava-se o surgimento de instrumentos e instituições financeiras que sequer existiam no final dos anos 70. Assim, conforme detalha Mishkin (1990), o interesse no melhor entendimento da dinâmica das mudanças dos sistemas financeiros, bem como na proliferação de produtos financeiros continua vigente. A esse respeito, ganham relevância as forças por trás da inovação financeira: as condições para mudanças do mercado, os avanços da tecnologia, (des)regulação do mercado, crises de diversas modalidades relevantes para o mercado, novos desafios aos bancos, entre outros.
 
Publisher Instituto Brasileiro de Inovacao Financeira - IBRIF
 
Contributor

 
Date 2017-05-16
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

Artigo não avaliado pelos pares
 
Format application/pdf
 
Identifier http://www.ibrif.org/ojs/index.php/jofi/article/view/47
10.15194/jofi_2015.v1.i3.47
 
Source Journal of Financial Innovation; Vol 1, No 3 (2015)
Journal of Financial Innovation; Vol 1, No 3 (2015)
2359-1005
2359-1005
 
Language eng
 
Relation http://www.ibrif.org/ojs/index.php/jofi/article/view/47/pdf
 
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Rights Copyright (c) 2015 Journal of Financial Innovation
http://creativecommons.org/licenses/by-nc-nd/4.0