Is structured finance dead? Many have asked this question after
the financial crisis. Or is structured finance evil and therefore
should it be dead? This book suggests neither nor. Even if
structured finance can be misused or applied under inappropriate
conditions, it can also be an effective tool for reaching
development objectives. The authors in this volume focus on the
potential of structured finance in the aftermath of the financial
crisis. They explore the conditions under which structured finance
is suitable for emerging markets highlighting both its benefits and
risks. The book combines professional and scientific perspectives
and points towards various useful applications of structured
finance in support of small and medium-sized enterprises and
microfinance. This also includes activities as diverse as
infrastructure development, remittances, rural livelihood, and
Shari ah-compliant Islamic finance.
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