Development of innovative financial products under the conditions of the economic crisis
BLOKHIN К.А.
PhD, associate Professor, head of the Department of Economics and management, Kuban state University (branch, Gelendzhik)
PhD, associate Professor, head of the Department of Economics and management, Kuban state University (branch, Gelendzhik)
GAVRILOV A.A.
Doctor of Sciences, Professor, head of the Department of crisis management, taxes and taxation, Kuban state University
Doctor of Sciences, Professor, head of the Department of crisis management, taxes and taxation, Kuban state University
GAVRILOVА M.A.
postgraduate student, Kuban state University
postgraduate student, Kuban state University
TERRA ECONOMICUS, 2013, Vol. 11 (no. 4.2),
p. 82-86
The article deals with the problems of creation and development of innovative financial products, application and implementation of innovative products. Central place in the article devoted to the analysis of the experience of creating and implementing financial innovation on the example of one of the most developed credit systems in the world – the USA. The con-tradictory impact of innovations on the development of the financial sector and the economy is noted.
Keywords: innovative financial product; depository institute; financial innovation; information technologies; bank; credit organization; the lender; creditworthiness; credit card; interest; loan; mortgage; overdraft
References:
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Publisher: Southern Federal University
Founder: Southern Federal University
ISSN: 2073-6606
Founder: Southern Federal University
ISSN: 2073-6606