 Pourquoi des politiques d'incitation à l'investissement de long terme ?Didier Janci Revue d'économie financière, 2012, vol. N° 108, issue 4, 151-168 Abstract: The growth potential of Europe lacks long term investment fitted to the transition towards a more sustainable model of development and to an exit to the crisis. In the context of the development of socially responsible behaviours of households, firms and investors, the implementation of economic policies favourable to long term investment could trigger a virtuous circle in terms of mobilization of public and private financing resources. Nevertheless, filling the financing gap depends not only on the mobilization of savings but also on the efficiency of the financial institutions in terms of intermediation and transformation of savings. For this reason, public authorities have to set a regulatory framework ? prudential and accounting ? well balanced between, on one hand, the necessary protection against systemic risks and soundness of financial institutions and, on the other hand, the financing needs of the real economy. In this perspective, the preservation of the diversity of the financial ecosystem is a key point in order to ensure its efficiency and its resilience to crises. Classification JEL : E61, G11, G28, M41. JEL-codes: E61 G11 G28 M41 (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:cai:refaef:ecofi_108_0151 Access Statistics for this article More articles in Revue d'économie financière from Association d'économie financière |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.