Financial development in emerging countries : fintech, the new wave of development and the financial future : (singapore as a model)
Joint Authors
Nasur, Abd al-Qadir
Larabi, Aishah
Source
Revue des Recherches en Sciences Financieres et Comptables
Issue
Vol. 6, Issue 2 (31 Dec. 2021), pp.557-575, 19 p.
Publisher
University of Mohammed Boudiaf M'sila Faculty of Economics Business and Management Sciences
Publication Date
2021-12-31
Country of Publication
Algeria
No. of Pages
19
Main Subjects
Economics & Business Administration (Multidisciplinary)
Topics
Abstract EN
Financial services have witnessed major changes in recent years, especially in the wake of the 2008 financial crisis, with regard to the growth of financial technology institutions and the trend of economies towards digital transformation with the slogan "Faster services, broader options with less cost".
in this context, this paper aims to present the successful Singaporean model in adopting financial technology and achieving a qualitative leap in the development of the financial sector through a statistical study of the strategies and incentives provided to this sector.
The results of the study showed that the government's prudent and ambitious monetary policy, as well as the great openness to the outside, short-term financial flows, and foreign direct investment, led to the dynamism of the real sector, and the development of the Singaporean financial sector.
In turn, the strength and development of the financial industry has contributed to monetary stability and economic development in Singapore, where financial technology showed an important role in accelerating and diversifying financial services and reaching a wide segment of society.
American Psychological Association (APA)
Larabi, Aishah& Nasur, Abd al-Qadir. 2021. Financial development in emerging countries : fintech, the new wave of development and the financial future : (singapore as a model). Revue des Recherches en Sciences Financieres et Comptables،Vol. 6, no. 2, pp.557-575.
https://search.emarefa.net/detail/BIM-1345606
Modern Language Association (MLA)
Larabi, Aishah& Nasur, Abd al-Qadir. Financial development in emerging countries : fintech, the new wave of development and the financial future : (singapore as a model). Revue des Recherches en Sciences Financieres et Comptables Vol. 6, no. 2 (2021), pp.557-575.
https://search.emarefa.net/detail/BIM-1345606
American Medical Association (AMA)
Larabi, Aishah& Nasur, Abd al-Qadir. Financial development in emerging countries : fintech, the new wave of development and the financial future : (singapore as a model). Revue des Recherches en Sciences Financieres et Comptables. 2021. Vol. 6, no. 2, pp.557-575.
https://search.emarefa.net/detail/BIM-1345606
Data Type
Journal Articles
Language
English
Notes
Includes appendices : p. 573-575
Record ID
BIM-1345606