Download or read book The Changing Capital Markets of East Asia written by Ky Cao and published by Routledge. This book was released on 1995-11-16 with total page 495 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years much attention has been given to the unparalleled economic development of East Asia. In The Changing Capital Markets of East Asia the contributors look at the growing sophistication of capital markets in this area and discuss the possible economic and political consequences. The theme of the book is more strategic than technical and

Download or read book The Changing Capital Markets of East Asia written by Ky Cao and published by . This book was released on 1995 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book A New Financial Market Structure for East Asia written by Yŏng-chʻŏl Pak and published by Edward Elgar Pub. This book was released on 2005 with total page 548 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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. Against this economic background, the contributors make recommendations for the establishment of effective and stable capital recycling in East Asia. The financial intermediary function of the regional financial centers - Hong Kong, Singapore and Tokyo - is evaluated. Discussion focusses on the issues of building an organic network between the financial markets of major economies in the region and enhancing the future role and function of those regional financial centres. The policy implications of the future development of regional financial markets - based on regional financial networks - that could potentially act as intermediaries between the high savings and productive sectors in East Asia are also examined. Concentrating on the major issues identified as central to building a new financial market structure in East Asia, this book will be appeal to those with a special interest in Asian studies and financial economics.

Download or read book East Asian Finance written by Swati R. Ghosh and published by World Bank Publications. This book was released on 2006-01-01 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study analyzes the key issues and constraints -- in terms of efficiency, access and safety and soundness -- faced by East Asian countries in developing their financial markets which are at different stages of development, drawing on global experience. The study takes stock of the initiatives being undertaken at the regional level to foster greater financial integration as a means of deepening and diversifying financial markets, and on the policy issues that need to be addressed at the domestic level to deepen and diversify financial markets and to actually benefit from the actions that are being taken at the regional level.

Download or read book The Political Economy of Capital Market Reforms in Southeast Asia written by X. Zhang and published by Springer. This book was released on 2011-09-13 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book, Xiaoke Zhang addresses two fundamental political and policy questions: why do politicians have heterogeneous incentives to pursue public-regarding policies through capital market reforms and why do they differ in their abilities to initiate and implement market reform policies decisively and resolutely?

Download or read book East Asian Capitalism written by Andrew Walter and published by Oxford University Press. This book was released on 2012-07-26 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume analyses developments in East Asian capitalism since the 1980s, focussing on three main areas: business systems, financial structures, and labour markets.

Download or read book The Bond Markets Of Developing East Asia written by Robert F Emery and published by Routledge. This book was released on 2018-02-23 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive book provides detailed descriptions and analysis of the bond markets in eight East Asian developing economies: Hong Kong, Indonesia, South Korea, Malaysia, the Philippines, Singapore, Taiwan, and Thailand. Drawing on the most recent data available, Emery assesses the strengths and weaknesses of each countrys bond market, concluding with comparisons of the eight countries bond markets. The book will be an invaluable reference for economists, policymakers, and all those interested in emerging capital markets. }Drawing on the most recent data available, this comprehensive book provides detailed descriptions and analysis of the bond markets in eight East Asian developing economies: Hong Kong, Indonesia, South Korea, Malaysia, the Philippines, Singapore, Taiwan, and Thailand. Robert Emery devotes a full chapter to evaluating the strengths and weaknesses of each countrys bond market. For each country, Emery describes the history of the bond market and identifies its key participants, the different types of bonds, and the current terms for bond issues. He also discusses the size of the bond market, the bond issuing process, trading procedures and the structure of the market, the clearing and settlement system, and fees and taxes. Finally, he lists the regulators of the market, current regulations, and bond rating agencies; assesses the markets past performance; and offers suggestions for improvement.Each country chapter is organized into a standard format, making it easy for the reader to locate and compare specific information. Emery concludes the book with cross-country comparisons of the eight countries bond markets. It will be an invaluable reference for economists, policymakers, and all those interested in emerging capital markets. }

Download or read book Financial Markets and Policies in East Asia written by Gordon De Brouwer and published by Routledge. This book was released on 2003-09-02 with total page 479 pages. Available in PDF, EPUB and Kindle. Book excerpt: While the financial crisis in East Asia could be said to be on the wane in some countries, the reconstruction process in the aftermath and the debate about the financial policies best suited to the region still rages on. This book examines both of these processes in authoritative detail. It includes critical assessment of: * the post-crisis state of financial markets * the banking and corporate restructuring process, with special focus on Indonesia * the policy debates currently going on in East Asia, including monetary policy; exchange rate systems and the scope for financial cooperation * East Asia's debt and equity markets The well-respected contributors including Claudio Borio, Hae Wang Chung, Guy Debelle, Reuven Glick, Robert McCauley and Eisuke Sakakibara, have produced a book that will be influential around the world.

Download or read book Financial Crisis and Institutional Change in East Asia written by Jikon Lai and published by Springer. This book was released on 2012-06-19 with total page 405 pages. Available in PDF, EPUB and Kindle. Book excerpt: In light of the Asian financial crisis of 1997, Lai examines whether East Asian economies converged onto the liberal market model by studying the evolution of the financial sectors of Korea, Malaysia and Thailand. This includes sectoral diversification, the nature of competition, and the regulatory and supervisory frameworks.

Download or read book A Resurgent East Asia written by Andrew D. Mason and published by World Bank Publications. This book was released on 2019-01-11 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: East Asia has been a paragon of global development success. The dramatic transformation of the region over the past half century—with a succession of countries having progressed from low-income to middle-income and even to high-income status—has been built on what has come to be known as the “East Asian development model.†? A combination of policies that fostered outward-oriented, labor-intensive growth while strengthening basic human capital and providing sound economic governance has been instrumental in moving hundreds of millions of people out of poverty and into economic security. Yet East Asia’s economic resurgence remains incomplete. More than 90 percent of its people now live in 10 middle-income countries, many of which can realistically aspire to high-income status in the next generation or two. But these countries are still much less affluent and productive than their high-income counterparts. Even as the region’s middle-income countries attempt to move up to high-income status, they confront a rapidly changing global and regional economic environment. Slowing growth in global trade and shifts in its patterns, rapid technological change, and evolving country circumstances all present challenges to sustaining productivity growth, fostering inclusion, and enhancing state effectiveness. A Resurgent East Asia: Navigating a Changing World is about how policy makers across developing East Asia will need to adapt their development model to effectively address these challenges in the coming decade and sustain the region’s remarkable development performance. “The world is changing. How do East Asia’s developing economies navigate this change? This is a commendable book on this topic—a must-read for policy makers, academia, and students who are interested in East Asia.†? — Chatib Basri, Former Minister of Finance, Government of Indonesia “A Resurgent East Asia is a vital publication for the most successful region as it looks to the future and the expectations of its citizens. This study helps to identify the new areas of risk and to suggest ways to ameliorate them. In so doing, it is an invaluable resource for governments. Based on first-rate analysis, it is a must-read for policy makers and everyone interested in East Asia’s development prospects!†? — Danny Leipziger, Managing Director, The Growth Dialogue, and Professor of International Business, George Washington University “This report delivers a careful and rigorous analysis of the strengths of East Asia’s ‘growth with equity’ development strategy. While noting the model’s success in lifting millions out of poverty, the report also warns of the looming challenge of maintaining growth with inclusion, and it highlights the need for countries to improve their social protection systems and ensure that opportunities are fair and available to all. A must-read for policy makers and development practitioners alike.†? — Ana Revenga, Senior Fellow, Brookings Institution

Download or read book Power in a Changing World Economy written by Benjamin J. Cohen and published by Routledge. This book was released on 2013-10-30 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is about power in a changing world economy. Though power is ubiquitous in the study of International Political Economy, the concept is underdeveloped in formal theoretical terms. This collection of essays analyses recent experience in East Asia to advance our theoretic understanding of state power in IPE. Over the last quarter century, no other region of the world has had a greater impact on the global distribution of economic resources and capabilities. China, with its "peaceful rise," now stands as the second largest national economy on the face of the earth; South Korea and Taiwan have become industrial powerhouses; Hong Kong and Singapore are among the world’s most important financial centres; and new poles of growth have emerged in several southeast Asian countries – all while Japan, long the region’s dominant market, has slipped into seemingly irreversible decline. The volume’s nine essays, contributed by leading scholars in the United States, Britain and Taiwan, aim to extract relevant inferences and insights from these developments for the study of state power. All are framed by a core agenda encompassing four key clusters of questions concerning the meaning, sources, uses, and limits of power. These essays ask: What new lessons are offered for power analysis in International Political Economy?

Download or read book The Political and Economic Transition in East Asia written by Xiaoming Huang and published by Routledge. This book was released on 2013-09-05 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book examines the political and economic developments in East Asia since the end of the Cold War in an attempt to identify a broad pattern of transition, particularly in terms of the reshaping of the state's relations with forces and institutions in economy, politics and domestic- international interactions. The chapters are organised into three parts: I: The state in the new economy; II: The state in the new politics; III: The state in the new global environment. The contributors find a general pattern of the state's withdrawal from these three areas. But it is not simply that the market takes over, as some envisaged. Instead, the transition is moving towards a set of governance-producing arrangements in which the role of both the market and the state are appreciated. The book concludes that a more sophisticated approach is needed to the problems of development vs. governance, the state vs. the market, and global dynamics vs. national interests, for a better understanding of the dynamic transition and the consequent new political economy in East Asia.

Download or read book Capital Market Reform in Asia written by Masahiro Kawai and published by . This book was released on 2012 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Capital Market Refom in Asia' contains a selection of papers that capture the essence of capital market reform in the Asian region, including important lessons from the global financial crisis of 2007-2009.

Download or read book Asian Business Groups written by Michael Carney and published by Elsevier. This book was released on 2008-06-30 with total page 341 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Asian economic landscape is dominated by various types of business group. Asian Business Groups provides a comprehensive review and introduction to the different types of business group. The origins and founding context of groups from particular national settings form the basic structure of the book. Emphasis is given to both the similarities and differences in group governance and performance and the implications for Asian international competitiveness are addressed. Multidisciplinary framework that integrates managerial, sociological, and economic perspectives on business groups and permits analysis of both their positive and negative aspects Comprehensive survey of empirical findings on the financial and market performance Sensitivity to the changing historical context and major events that have shaped business group development and dynamics

Download or read book Governing the Market written by Robert Wade and published by Princeton University Press. This book was released on 2018-06-05 with total page 495 pages. Available in PDF, EPUB and Kindle. Book excerpt: Published originally in 1990 to critical acclaim, Robert Wade's Governing the Market quickly established itself as a standard in contemporary political economy. In it, Wade challenged claims both of those who saw the East Asian story as a vindication of free market principles and of those who attributed the success of Taiwan and other countries to government intervention. Instead, Wade turned attention to the way allocation decisions were divided between markets and public administration and the synergy between them. Now, in a new introduction to this paperback edition, Wade reviews the debate about industrial policy in East and Southeast Asia and chronicles the changing fortunes of these economies over the 1990s. He extends the original argument to explain the boom of the first half of the decade and the crash of the second, stressing the links between corporations, banks, governments, international capital markets, and the International Monetary Fund. From this, Wade goes on to outline a new agenda for national and international development policy.

Download or read book East Asian Economies written by Toshihiko Kawagoe and published by Institute of Southeast Asian Studies. This book was released on 1995 with total page 435 pages. Available in PDF, EPUB and Kindle. Book excerpt: East Asia is regarded as growth center in the world today, even as political tension in that region remains high. Economic growth has spilled over from Japan to the Asian newly industrialized economies, as well as to the middle-income countries of the Association of Southeast Asian Nation (ASEAN) through foreign trade and investment. Despite economic growth, an East Asian multilateral security scheme was never created. Will this situation change in the new international environment? With these trends in mind, the collection of articles in this volume sheds light on economic and political issues of natural in East Asia. The articles discuss a comprehensive range of topics:Macroeconomic performance,foreign direct investment, trade policies, financial markets, security arrangements, surveys of recent developments in South Korea, People's Republic of China, and Taiwan.Integration within ASEAN focusing on AFTA and sub-regional co-operation. Integration of Indochinese economies in to greater Southeast Asian markets.

Download or read book Economic Liberalization and Integration in East Asia written by Yung Chul Park and published by OUP Oxford. This book was released on 2005-12-15 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Several years before the 1997-98 Asian financial crisis, most East Asian economies with the exception of China had engaged in the liberal reform prescriptions of the Washington Consensus. The Asian financial crisis added impetus to the transformation process as the crisis countries accepted the Washington Consensus as part of their commitment to the IMF policy conditionality. In this book the author argues for the continuing validity of an 'East Asian' model of economic development that differs distinctly from the Washington Consensus. He argues that, while this model was undermined to some extent by the 1997-98 financial crisis, it remains robust and important in explaining economic events in East Asia. In doing so, he covers the accomplishments and failures of the East Asian development model and the reform agenda for a new East Asian paradigm for post-crisis development.