This book compares the experiences of the Philippines and Vietnam to gain insight into how openness to trade and financing can increase prosperity. In contrast, theoretical and empirical work in the 20th and early 21st centuries have returned mixed results regarding this assertion. The book also...

Chapter 1: Introduction -- Chapter 2: Modified Historical Institutionalism -- Chapter 3: The Emergence of the Indonesian FSA -- Chapter 4: The Indonesian FSA and Stymied Portfolio Investments Liberalizaton -- Chapter 5: Emerging Challenges to Domestic Implementation of Portfolio Investments...

Part I: Banks in Emerging Markets -- Peculiarities and Trends of Banking Systems Development -- Regulation of Financial Risks in Emerging Markets: Past, Present and Future -- Part II: Ratings and Risk Measuring -- Principles of Rating Estimation in Emerging Countries -- Aggregation of Rating...

Chapter 1: Introduction -- Part 1: The Regulation of Cross-Border Finance -- Chapter 2: Financial Regulation and Systemic risk -- Chapter 3: The Regulation of Globalized Finance -- Part 2: Cross-Border Regulation in the EU: The Passport and the Equivalence Regime -- Chapter 4: The Passport...

This book argues that the 2007/08 financial crisis revealed fundamental flaws in how the financial sector had evolved over the previous three decades. While access to financial services has improved, the total stock of debt in the global economy has risen to more than twice the size of global...

The concept of risk-sharing in financial and social contracts is one of the unique features of Islamic finance. Many theoretical studies generally claim superiority of an Islamic financial system based on pure equity and participatory modes of financing, while empirical studies provide mixed...

Chapter 1 Introduction: The Basics of Islamic Economics and Finance -- Chapter 2 Money, Its Origins, Nature and the Time Value of Money -- Chapter 3 An Analysis of Paper Money and the Concept of Multi-Genus Banknotes -- Chapter 4 The Origins of Accounting in the Islamic Economics and Finance...

1. Contingent Convertibles Issued by EEA Banks -- 2. CoCo Bonds and Bail-In Mechanism -- 3. The Contingent Convertibles Pricing Models: CoCos Credit Spread Analysis -- 4. Non-EEA Banks’ and Insurers’ CoCos -- 5. Corporate Hybrid Securities and Preferred Shares