ENGLISH

Financial Development in Asia: The Way Forward

By Barry Eichengreen

Book information

Publisher
ISEAS Publishing
Year
2004
ISBN
9789812306227
DOI
10.1355/9789812306227
Language
english
Format
PDF
Filesize
157 kB (160597 bytes)
Pages
44\50
Library
degruyter.com
Time added
2023-08-21 00:44:32

Description

Professor Eichengreen has published widely on the international monetary and financial system. His books include Capital Flows and Crises, and Financial Crises and What to Do About Them. Data shows that Emerging Asia relies less on bonds and more on banks than developed countries. What costs, if any, do Asian countries incur as a result of their heavy dependence on bank finance and the underdevelopment of their bond market? Barry Eichengreen addresses the questions: what benefits will flow from better bond markets and will initiatives now being taken be adequate for achieving this end.

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