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Financial Globalization and Regionalism in East Asia (Hardcover, New)
Loot Price: R2,978
Discovery Miles 29 780
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Financial Globalization and Regionalism in East Asia (Hardcover, New)
Series: Routledge Studies in the Modern World Economy
Expected to ship within 10 - 15 working days
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With increased resilience in the financial systems, emerging Asian
economies were less affected by the recent global financial crisis,
recovering more quickly from the crisis than major advanced
economies. Yet, Asian financial systems remain underdeveloped. More
open and efficient financial systems continue to be a key priority
for Asia's development strategy. Emerging Asian economies need to
tackle the new challenges to macroeconomic and financial stability
posed by financial globalisation. This book identifies the key
challenges to Asia's financial development in an era of rapid
financial globalisation and discusses their policy implications for
financial reforms and regional cooperation in East Asia. Particular
areas of focus include: the impact of financial globalisation on
economic stability and inequality in East Asian economies; the
progress of Asia's regional financial cooperation and lessons from
the recent European economic crisis; and the priority of financial
reforms in individual Asian economies. Combining advanced
econometric methods and in-depth case studies, this book provides
rigorous and contextual analyses of the most critical issues for
Asia's financial development. It offers a comprehensive and useful
guide for students, academics, and policymakers interested in the
current state and future prospects of Asian financial systems.
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