| dc.contributor.author | Bodie, Zvi | |
| dc.contributor.author | Brière, Marie | |
| dc.date.accessioned | 2012-05-30T13:04:48Z | |
| dc.date.available | 2012-05-30T13:04:48Z | |
| dc.date.issued | 2011 | |
| dc.identifier.uri | https://basepub.dauphine.fr/handle/123456789/9299 | |
| dc.language.iso | en | en |
| dc.subject | Financial innovation | en |
| dc.subject | Asset management | en |
| dc.subject | Long term investment | en |
| dc.subject.ddc | 332 | en |
| dc.subject.classificationjel | G3 | en |
| dc.subject.classificationjel | G2 | en |
| dc.subject.classificationjel | G1 | en |
| dc.title | Financing Future Growth : the Need for Financial Innovations | en |
| dc.type | Article accepté pour publication ou publié | |
| dc.contributor.editoruniversityother | Boston university school of management;États-Unis | |
| dc.description.abstracten | 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' 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. | en |
| dc.relation.isversionofjnlname | OECD journal : Financial market trends | |
| dc.relation.isversionofjnlissue | 1 | en |
| dc.relation.isversionofjnldate | 2011 | |
| dc.relation.isversionofjnlpages | 4 | en |
| dc.description.sponsorshipprivate | oui | en |
| dc.relation.isversionofjnlpublisher | Organisation for Economic Co-Operation and Development | en |
| dc.subject.ddclabel | Economie financière | en |
