This book is about Hometown Investment Trust (HIT) funds and other similar funds as a new form of financial intermediation. So far, we have discussed the funds' background, characteristics, achievements in Japan as well as some other Asian countries. We argued that HIT is more conducive to stability and more suitable for promoting recovery than the more traditional forms of financial intermediation. In this final chapter we take a step back, place HIT in the overall context and attempt to shed light on the way forward.
ASJC Scopus subject areas
- Economics, Econometrics and Finance(all)
- Business, Management and Accounting(all)