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Financing Capital Market Intermediaries in East and Southeast Asia (Hardcover)
Loot Price: R8,322
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Financing Capital Market Intermediaries in East and Southeast Asia (Hardcover)
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This study adopts a public policy perspective in its examination of
the way capital market intermediaries fund their market operations
in eight of the most dynamic countries of East and Southeast Asia:
Hong Kong, Indonesia, Korea, Malaysia, the Philippines, Singapore,
Taiwan, and Thailand. Concerns about the ability of securities
firms to fund themselves came into prominence in the world's major
financial markets during the 1980s. It is striking that similar
concerns had not surfaced about the Asian capital markets,
particularly given the weakness of their money markets. As the
forces limiting demand for funds change in the future, the
financial systems examined will encounter problems in responding to
the new demands for liquidity.
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