used as a leading indicator. Based on the FCI, financial conditions in Asia tightened substantially earlier in the global … crisis, reflecting losses in the stock markets and tighter credit conditions. In early 2010, financial conditions in Asia …

This paper assesses financial integration in Asia in terms of risk-sharing benefit versus financial-contagion cost. We … discount factors. Risk sharing is low in Asia, and varies across time and countries, whereas contagion risks are more … differentials. Asia, therefore, can potentially enhance risk sharing without raising contagion risk. …

Stock markets play a key role in corporate financing in Asia. However, despite their increasing importance in terms of …€œnoise†in stock pricing, which suggests that improvements in the regulation of securities markets in Asia could enhance the role …

The paper compares trends in financial integration within Asia with those in industrialized countries and other …

with the yen carry-trade; and that China is key to understanding Asia's demographic impact on the world. It also finds that … Asia offers the greatest arbitrage opportunities worldwide during the demographic transition and has the greatest potential …