Examines Asia's emerging markets, which survived the financial debacle of 2008-09 with only modest declines in growth …, asset and credit bubbles, and rapid currency appreciation; and offers strategies to promote financial stability. …

sector reform and regulation in Asian economies aimed at preventing the recurrence of systemic financial crises, improving …In light of the experience of the global financial crisis, this book develops concrete recommendations for financial … the ability to manage and resolve crises, managing capital flows and promoting the development of Asian bond markets. The …