Financial Stability Issues: The Case of East Asia draws on a wide range of relevant material, including exploration of international standards and "best practices" in banking and finance, the experience of the U.S. and the U.K. in planning and implementing reform measures, and the theoretical literature respecting financial crises and what causes them. In this context, the specific reforms applied in the four Asian countries under consideration, Japan, Indonesia, South Korea and Thailand are discussed in detail, with "lessons to be learned" about crisis detection, containment, and prevention....
Financial Stability Issues: The Case of East Asia draws on a wide range of relevant material, including exploration of international standards and "be...