Journal Article10.2139/SSRN.280794
E-Finance in Emerging Markets: Is Leapfrogging Possible?
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TL;DR: An exhaust mixer for a turbofan aeroengine can be classified as being of the multi-lobed type, with troughs between the lobes with good mixing efficiency together with good aerodynamics, short axial length and low weight.
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Abstract: The paper analyzes the provision of electronic financial services in countries, the impact of e-finance on the financial systems, and the leapfrogging opportunities for emerging markets. The authors address new policy issues and the role of government intervention in the light of these developments. Special focus is given to models of financial sector development that enable and promote e-finance in banking, capital markets, insurance, housing finance and microfinance areas, drawing on innovative applications from the industrialized and the developing world.
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