Financing Future Growth : The Need for Financial Innovations

Resource Information

The work Financing Future Growth : The Need for Financial Innovations represents a distinct intellectual or artistic creation found in Sydney Jones Library, University of Liverpool. This resource is a combination of several types including: Work, Language Material, Books.

Label

Financing Future Growth : The Need for Financial Innovations

Title remainder

The Need for Financial Innovations

Statement of responsibility

Zvi Bodie and Marie Brière

Creator

• Bodie, Zvi

Contributor

• Brière, Marie

Subject

• Finance and Investment

Language

eng

Summary

Attracting long-term investors from the private sector or in public-private partnerships for stable long-term investment in the innovative sectors and industries needed to generate sustained growth is crucial. Long-term investors want assets that generate regular cash flows, often linked to inflation. While equities seem today less appropriate for long-term investors{u2019} needs, particularly in the context of the recent regulatory changes, inflation-linked bonds, very-long dated conventional bonds, project bonds or specific derivatives better meet their requirements. It seems highly likely that the expansion and increasing regulation of long-term investors in both developed and emerging countries will trigger the development of new financial instruments compatible with long-term investment. While long-term investors are the natural sources of growth financing, they are not necessarily capable of assuming all the associated risks. Establishing and/or developing national or supranational institutions that can partly assume or at least structure some of these risks and thus offer end-investors the products they need is therefore essential. Strict regulation of the new markets arising from this process will also be vital

Is part of

• OECD Journal: Financial Market Trends

Cataloging source

FR-PaOEC

Government publication

international or intergovernmental publication

Literary form

non fiction

Nature of contents

dictionaries