Typology of financial innovations
Apr. 8th, 2019 05:36 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
timelets
--- Perez, C. Technological Revolutions and Financial Capital. 2002.
We are mostly in type C now, both for consumers and businesses. Indexing would be type D. In the US, the last one of type A was back in the early 1970s. Arguably, China created a type A/B event in the late 1990s - export stimulating large-scale government incentives.
