Based on a review of international and regional responses to the global financial and economic crisis and its implications for finance in Asia, Douglas Arner and Lotte Schou-Zibell draw lessons for Asian financial systems with regard to the scope of regulation; financial standards; supervision,...

Introduction -- Asia's development model -- Finance in Asia -- Challenges to development & finance -- Financial systems & practice -- Institutional foundations of finance -- Credit risk & commercial banking -- Investment banking & financial innovation -- Debt securities, derivatives & complex...