A Critical Study of Interrelationship amongst Asian Financial Markets

ISBN-13: 9783659794025 / Angielski / Miękka / 2015 / 240 str.

Sinha Shalini;Pachori Surabhi

Opis

Financial markets provide for the efficient allocation of resources within the economy. Financial integration is a phenomenon in which financial markets in neighbouring, regional and/or global economies are closely linked together. In periods of economic growth, being integrated can lead to greater long-term economic benefits. However, in periods of poor growth, being integrated can actually make things worse. If having access to a broader base of capital is a major engine for economic growth, then financial integration is one of the solutions because it facilitates the flow of capital from developed economies with rich capital to developing economies with limited capital. The integration of the Asian financial markets has created history because it has witnessed many folds developments when the markets became integrated and has also witnessed the severe situation of crises. With rapid capital flows around the world, the currency and financial crises in the late 1990s and 2008 US subprime crises were inevitable, which has affected Asian countries badly. The objective of the study is to know more about the interrelationship amongst Asian financial markets.

O autorze

Shalini Sinha completed her Ph.D ( B.U.) & M.Phil. (Eco) from JNU.Former Program Leader, International collaborative Programme with Fox School of Business, USA & Lancaster university Management School, U.K. at Welingkar Institute of Management,Mumbai. Ms. Surabhi Pachori recently completed her Ph.D. & has served as a management faculty at Gurgaon.