A new financial market structure for East Asia
pt. 1. Financial liberalization and integration in East Asia -- pt. 2. Financial centers in East Asia -- pt. 3. Mobilizing the Asian savings within the region
Main Author: | |
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Other Authors: | , |
Format: | eBook |
Language: | English |
Published: |
Cheltenham, U.K
Edward Elgar
c2005
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Subjects: | |
Online Access: | |
Collection: | Edward Elgar eBook Archive - Collection details see MPG.ReNa |
Summary: | pt. 1. Financial liberalization and integration in East Asia -- pt. 2. Financial centers in East Asia -- pt. 3. Mobilizing the Asian savings within the region This book contends that the East Asian financial constitution lacks an appropriate infrastructure, resulting in inefficient allocation of high savings and an over-inflated short-term debt market. It goes on to point out that despite high savings, East Asia's dependency on financial centers outside the region is also relatively high, and that there is no strong region-wide network to connect various financial centers in East Asia |
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Physical Description: | viii, 527 p ill |
ISBN: | 1843769433 9781845428143 9781843769439 |