Sample Term Paper

The recent increased activity and the emergence of innovations in the eastern market, especially Asia has affected global financial market. The Asian market is characterised by a weak and unregulated financial system that has made this region less able to handle the consequences of volatile capital flows and increased interest rates[1].

The challenge faced by many nations is the increased innovations like technology that has brought banks and financial institutions closer to consumers. There is a continual boost in production of innovative goods and service as financial institutions fight to stay afloat. These products are either aggressive products introduced to meet needs or defensive products that respond to the changes in the transactional environment.

[1] UNCTAD, World Investment Prospects Survey 2009-2011 (United Nations Conference on Trade and Development, 2009): 10.

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