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 globalization.
This book identifies the key challenges to Asia s financial development in an era of rapid...
With increased resilience in the financial systems, emerging Asian economies were less affected by the recent global financial crisis, recovering m...
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...
With increased resilience in the financial systems, emerging Asian economies were less affected by the recent global financial crisis, recovering m...
In the wake of the global financial crisis, leading industrialized countries have managed to show only a gradual recovery, while East Asian economies have surged ahead. In particular, China achieved growth in excess of 10% in 2010 and is expected to continue growing at a rapid pace. It appears that in the coming years, East Asia will play an even greater role as a growth center leading global economic expansion. Following the Asian currency crisis of 1997-98, consumption and investment in the region decreased considerably, and East Asian economies recovered on the strength of exports....
In the wake of the global financial crisis, leading industrialized countries have managed to show only a gradual recovery, while East Asian economi...