Concluding Remarks and the Way Forward

  • Shuhei Shiozawa


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.


Financial Institution Credit Union Individual Investor Financial Intermediation Small Business Innovation Research 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


  1. Shiozawa S (2012) Philanthropy, NPO, public sector and social benefit. Nonprofit Rev 12(1)Google Scholar

Copyright information

© Springer Japan 2013

Authors and Affiliations

  1. 1.Faculty of EconomicsKeio UniversityTokyoJapan

Personalised recommendations