International Financial Management (b) "Financial innovation sometimes brings great rewards. It can make the...

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Finance

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(b) "Financial innovation sometimes brings great rewards. It can make the financial system more accessible to underserved segments of the population and improve lives. But some innovations can lead to disaster, which usually hurts the poor more than others. Governments must find the right balance between promoting innovation and managing risk" (Source by Brookings.edu.com) Based on the statement above, discuss how the political risk will affect to pertain this situation

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