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Developments in global e-finance

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Abstract

This paper provides an overview of the recent developments in electronic commerce and assesses how they impact the traditional financial services businesses. Focusing primarily on emerging markets, this article looks at how developing countries can use advances in technology to skip certain traditional steps in development in the financial services arena. In addition, this paper addresses the public policy implications of efinance within developing countries.

Suggested Citation

  • Claessens, Stijn & Glaessner, Tom & Klingebiel, Daniela, 2001. "Developments in global e-finance," Journal of Financial Transformation, Capco Institute, vol. 2, pages 53-59.
  • Handle: RePEc:ris:jofitr:1266
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    More about this item

    Keywords

    New technologies; economic development; emerging markets;

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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