This paper documents the major trends in financial development in Asia since the early 1990s and the spillovers to … firms. It compares Asia with advanced and emerging countries and uses both aggregate and disaggregate indicators. Financial … systems in Asia remain less developed than in advanced countries but more developed than in Eastern Europe and Latin America …

This paper documents the major trends in financial development in Asia since the early 1990s and the spillovers to … firms. It compares Asia with advanced and emerging countries and uses both aggregate and disaggregate indicators. Financial … systems in Asia remain less developed than in advanced countries but more developed than in Eastern Europe and Latin America …

This paper documents the major trends in financial development in Asia since the early 1990s and the spillovers to … firms. It compares Asia with advanced and emerging countries and uses both aggregate and disaggregate indicators. Financial … systems in Asia remain less developed than in advanced countries but more developed than in Eastern Europe and Latin America …

negative shock in Mexican equities is transmitted to Asia and Latin America, and to particular countries within each region … effects which are less strong in Asia than in Latin America. The shocks seem to affect Latin American NAVs directly, while the … in Latin America to equity prices in Asia. Even though the data show that co-movements are stronger within each regional …