This book contributes to the debate on the decoupling of emerging economies from the advanced economies with a new, empirical investigation approach. Taking counterfactual experiments performed using a time-varying panel VAR model, the author argues that over the last thirty years, emerging...

After tracing the causes of the global financial crisis, the book focuses on two fundamental systemic issues connected with its manifestation: financial-sector regulation and the problem of the dollar-centric international monetary system, both of which have been widely cited among the important...

Welcoming Remarks (Hiroshi Okada) -- Session 1: Financial System Stability and Competition in the Financial Industry -- Keynote Speech: Current Situation, Challenges and Future of Regional Finance in Japan (Hisashi Ono) -- Session 2: Finance to SMEs through Banks, Capital Markets and Other...