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Asian Money Markets (Hardcover, New)
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Asian Money Markets (Hardcover, New)
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Asian Money Markets traces the evolution of money markets in seven
key economies of East and Southeast Asia: Hong Kong, Indonesia,
Japan, Korea, Malaysia, the Philippines, and Singapore. It asks how
government policy affected the performance of the markets over
several decades. Several very different approaches emerge, with
important consequences for financial sector development. Countries
pursuing market-oriented development strategies, including those in
transition from socialist to market economies, need effective
financial systems that include efficient money markets. This book
should dispel the view that a government can quickly develop money
markets; the most complex markets described here started with new
government policies more than twenty years ago, and are still
evolving to meet new challenges. Asian Money Markets will be of
interest to scholars of development finance, financial officials
and advisers, and anyone who wants to learn from the experience of
some of the most dynamic economies in the world.
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