I. Krupka, PhD, Associate Professor Ivan Franko National University of Lviv, Lviv FINANCIAL INNOVATIONS IN PROMOTING DEVELOPMENT OF FINANCIAL MARKET AND NATIONAL ECONOMY

Approaches to the interpretation of financial innovation are considered and systematized. The importance of innovative financial instruments to hedge risks and financial market development in globalization are proved.

Keywords: financial innovation, financial market, innovative financial instruments, national economy, globalization.

DOI: http://dx.doi.org/10.17721/1728-2667.2013/145-4/12

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