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...
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Format: | Article |
Language: | Arabic |
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University of Constantine 1, Algéria
2017-06-01
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Series: | Revue des Sciences Humaines |
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Online Access: | https://revue.umc.edu.dz/h/article/view/2562 |
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author | NASSIM LOTFI ZEGHBID Ali BENTABET |
author_facet | NASSIM LOTFI ZEGHBID Ali BENTABET |
author_sort | NASSIM LOTFI ZEGHBID |
collection | DOAJ |
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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.
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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 |