The 1997-8 Asian financial crisis exposed weaknesses in the region's national financial systems, but since then East Asia has become the world's most dynamic economic region. Domestic financial systems have developed, cross-border financial flows within the region are growing apace as demand from governments and large firms increases and as the capabilities of financial institutions develop, and governments have initiated regional cooperation aimed at preventing future crises and managing them if they occur.
This book examines the economies of Asia and the Pacific with...
The 1997-8 Asian financial crisis exposed weaknesses in the region's national financial systems, but since then East Asia has become the world's mo...