paper is to assess whether this is true for emerging Asia's economies. Using a dynamic factor model and a structural vector … auto-regression model, we show that long-term interest rates in Asia are indeed predominantly driven by global factors …

Though theory suggests financial globalization should improve international risk sharing, empirical support has been …. We then take it to data and find international risk sharing has, indeed, improved during globalization. Improved risk … limited. We develop a simple welfare-based measure that captures how far countries are from the ideal of perfect risk sharing …

The question of how India should adapt monetary policy to ongoing financial globalization has gained prominence with … countries that have adapted to financial globalization, drawing lessons for India. While we find no strong relationship b …

examines the impact of that deleveraging on credit supply in recipient economies, with a particular focus on Asia …

determinants, which include trade and financial linkages, as well as policies. In line with Asia's growing role in the global …

The paper shows that Asia's degree of financial integration, both with the world and within the region remains low by …

be a special case. Much of the reserve increase in Asia can be explained by an optimal insurance model under which … observed growth in reserves since 1997-98. Using threshold estimation techniques, the paper shows that most of Asia ca …

DEVELOPMENT OF EQUITY DERIVATIVES MARKETS IN ASIA -- REFERENCES. …

Intro -- Contents -- I. GLOBALIZATION OF PRODUCTION AND FINANCIAL INTEGRATION IN ASIA -- II. ROLE OF INSTITUTIONS AND … II: ASIA'S INTENTIONS -- APPENDIX II. 4. REGIONAL COMPLIANCE WITH STANDARDS AND CODES -- APPENDIX II. 5. ASIAN REGIONAL … POLICY FORUMS EMEAP ( Executives Meeting of East Asia and Pacific Central Banks) -- APPENDIX II.6. FSAP AND ROSC …