Les innovations financières facteurs d’instabilité au cœur des crises financières Référence au cas algérien

Financial innovation has long-term benefits because it facilitates the process of financial development. But there is a dark side in the development of complex financial products that are increasingly becoming more opaque and speculative, a point that was more motivated by the search of higher yiel...

Full description

Saved in:
Bibliographic Details
Main Authors: NASSIM LOTFI ZEGHBID, Ali BENTABET
Format: Article
Language:Arabic
Published: University of Constantine 1, Algéria 2017-06-01
Series:Revue des Sciences Humaines
Subjects:
Online Access:https://revue.umc.edu.dz/h/article/view/2562
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1839595354773782528
author NASSIM LOTFI ZEGHBID
Ali BENTABET
author_facet NASSIM LOTFI ZEGHBID
Ali BENTABET
author_sort NASSIM LOTFI ZEGHBID
collection DOAJ
description Financial innovation has long-term benefits because it facilitates the process of financial development. But there is a dark side in the development of complex financial products that are increasingly becoming more opaque and speculative, a point that was more motivated by the search of higher yields than by the desire to provide investors with hedging instruments. It is according to its effects and consequences that the subject of financial innovation is a present-day subject and worthy of attention. From the debate over the study and after setting a conceptual framework for studying the key role it played in the subprime crisis of 2008 and the crisis of European debt, we will examine the various consequences of these innovations on the Algerian economy.
format Article
id doaj-art-f2b49617d13d4e34b27da3a0b88e3cf9
institution Matheson Library
issn 2588-2007
language Arabic
publishDate 2017-06-01
publisher University of Constantine 1, Algéria
record_format Article
series Revue des Sciences Humaines
spelling doaj-art-f2b49617d13d4e34b27da3a0b88e3cf92025-08-02T23:18:06ZaraUniversity of Constantine 1, AlgériaRevue des Sciences Humaines2588-20072017-06-01281Les innovations financières facteurs d’instabilité au cœur des crises financières Référence au cas algérienNASSIM LOTFI ZEGHBID0Ali BENTABET1Université de Badji MOKHTAR AnnabaUniversité de Badji MOKHTAR Annaba Financial innovation has long-term benefits because it facilitates the process of financial development. But there is a dark side in the development of complex financial products that are increasingly becoming more opaque and speculative, a point that was more motivated by the search of higher yields than by the desire to provide investors with hedging instruments. It is according to its effects and consequences that the subject of financial innovation is a present-day subject and worthy of attention. From the debate over the study and after setting a conceptual framework for studying the key role it played in the subprime crisis of 2008 and the crisis of European debt, we will examine the various consequences of these innovations on the Algerian economy. https://revue.umc.edu.dz/h/article/view/2562financial innovationsecuritizationsubprime crisissovereign debt crisisAlgerian economy
spellingShingle NASSIM LOTFI ZEGHBID
Ali BENTABET
Les innovations financières facteurs d’instabilité au cœur des crises financières Référence au cas algérien
Revue des Sciences Humaines
financial innovation
securitization
subprime crisis
sovereign debt crisis
Algerian economy
title Les innovations financières facteurs d’instabilité au cœur des crises financières Référence au cas algérien
title_full Les innovations financières facteurs d’instabilité au cœur des crises financières Référence au cas algérien
title_fullStr Les innovations financières facteurs d’instabilité au cœur des crises financières Référence au cas algérien
title_full_unstemmed Les innovations financières facteurs d’instabilité au cœur des crises financières Référence au cas algérien
title_short Les innovations financières facteurs d’instabilité au cœur des crises financières Référence au cas algérien
title_sort les innovations financieres facteurs d instabilite au coeur des crises financieres reference au cas algerien
topic financial innovation
securitization
subprime crisis
sovereign debt crisis
Algerian economy
url https://revue.umc.edu.dz/h/article/view/2562
work_keys_str_mv AT nassimlotfizeghbid lesinnovationsfinancieresfacteursdinstabiliteaucœurdescrisesfinancieresreferenceaucasalgerien
AT alibentabet lesinnovationsfinancieresfacteursdinstabiliteaucœurdescrisesfinancieresreferenceaucasalgerien