Summary |
Financial Infrastructure broadly comprises the underlying foundation for a country’s financial system. Poor financial infrastructure in many developing countries poses a considerable constraint upon financial institutions to expand their offering of financial services – credit, savings and payment services – to underserved segments of the population and the economy. Key financial infrastructure elements that every developed market can rely on, are credit bureaus, enforcement of collateral and functioning payment, securities settlement, and remittance systems. These key elements are vital to facilitating greater access to finance, improving transparency and governance, as well as safeguarding financial stability in global financial markets.
This book is aimed at policy makers, regulators, practitioners, academics as well as other interested parties. This book defines the space, and presents a review, an estimate of the size of the market, develops an index for benchmarking financial infrastructure, better governance and stability in financial markets. The author ahs analysed the entire gamut of issues relating to infrastructure financing in a user-friendly manner.
|
