Asia is still lower than that of other emerging economies, despite great increases in the post-crisis period. The author … contradicts previous research in other emerging economies, and may be due to the fact that foreign bank entry in Asia is still a … banks play an important role in Asia, not only in the traditional ways by providing new services and stimulating competition …

Asia, the main needs are for strengthened bank supervision, better bank management, and, once that is in place, bank … developed in Asia in comparison to world norms. In terms of banking reform, Dr. Williamson suggested an orderly approach that …