6  Committee on the Global Financial System (2011), “The Impact of Sovereign Credit Risk on Bank Funding Conditions”, BIS, CGFS Papers, No. 43. 7  Lanotte, M., G. Manzelli, A.M. Rinaldi, M. Taboga and P. Tommasino (2016), “Easier Said than Done? Reforming the Prudential Treatment of Banks’ Sovereign Exposures”, Banca d’Italia, Questioni di Economia e Finanza (Occasional Papers), 326.
The Role of the Banker Schumpeter is well known for highlighting the importance of innovation for economic growth in his book, The Theory of Economic Development. He also mentions the role of the "banker" in economic development. The process of "creative destruction," as defined by Schumpeter, begins with an attempt by visionary entrepreneurs to innovate.