Implications of the Global Financial Crisis for Financial Reform and Regulation in Asia
Kawai, Masahiro; Mayes, David G.; Morgan, Peter J. | March 2012
Abstract
The 1997–1998 Asian financial crisis highlighted shortcomings in Asian financial markets, notably the underdevelopment of domestic bond markets and deficiencies in corporate governance, transparency and financial regulation. Since then, Asian financial markets have made considerable progress. This book highlights the challenges imposed by the recent global financial crisis—(i) preventing financial crises; (ii) responding to financial crises if they do occur; (iii) managing international capital flows; and (iv) deepening and integrating financial markets to provide an alternative source of funding to foreign capital flows—and suggests policy recommendations to address them.
Citation
Kawai, Masahiro; Mayes, David G.; Morgan, Peter J.. 2012. Implications of the Global Financial Crisis for Financial Reform and Regulation in Asia. © Asian Development Bank Institute. http://hdl.handle.net/11540/164. License: CC BY-NC-ND 3.0 IGO.Print ISBN
978-0-85793-471-0
Keywords
Regional Development Finance
Public Scrutiny of City Finances
Non-Bank Financial Institutions
Local Government Finance
Government Financial Institutions
Foreign and Domestic Financing
Financial Risk Management
Assessing Corporate Governance
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Citable URI
http://hdl.handle.net/11540/164Metadata
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