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Fragility that periodically erupts into a full-blown financial crisis appears to be an integral feature of market-based financial systems in spite of the emergence of sophisticated risk management tools and regulatory systems. If anything, the increased frequency of modern crises underscores how...
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-owned actors. Asia needs investment to improve its infrastructure and carry out technological innovation, but the book argues that …-owned actors. Asia needs investment to improve its infrastructure and carry out technological innovation, but the book argues that …
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Rising economic integration in Asia and periodic volatility in global and national financial markets raise the issue of … costs of monetary cooperation, however, less can be found with a specific focus on Asia. A number of studies have explored … whether Asia might form an optimal currency area, although these have focused on the nature of shocks, in particular business …
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's markets. However, despite the higher liquidity and lower levels of global integration, the effects of the crisis in Asia were …
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The global economic crisis in 2008-2009 had varying impacts on economies in Asia and the Pacific. This paper studies …
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