Asian Financial Integration: Impacts of the Global Crisis and Options for Regional Policies

ISBN-13: 9781138069176 / Angielski / Miękka / 2017 / 218 str.

Yiping Huang; Shiro Armstrong

Opis

Asia’s experience during the global financial crisis raises a range of important questions about the future direction of the region’s economic policy and financial cooperation. This book examines what Asia should learn from the crisis; whether global imbalances are a result of policy distortions or a natural outcome of global division of labour; the lessons and implications from the financial market reform and liberalization of some of the region’s major economies; and what should Asia do to promote regional financial integration.

Spis treści

1. New challenges for Asian financial integration 2. The global financial market crisis: policy lessons for Asia 3. International division of labour and global imbalances 4. Measuring systemic risk: implications for financial stability and Asian policy-makers 5. Demographic changes and asset price bubbles: lessons from Japan 6. China’s responses to the global economic crisis 7. China’s financial reform and financial integration in East Asia 8. Capital account liberalization in India: a post-crisis evaluation 9. Financial integration in Asia: regional and Japanese perspectives 10. Strategies for Asian exchange-rate policy cooperation