The global financial and economic crisis marks an important turning point for finance and the Asian growth model. Regional consensus is now supporting economic rebalancing away from the dominant focus on exports to developed markets and towards more a more balanced economic structure supported...

Financial integration is less pronounced in East Asia than among states in Europe and North America or compared to economic integration within the region. Cross-border trade flows, direct investment and investment in capital goods have long been greater and faster growing than other investment...

This article considers the Finanical Stability Board and the extent to which this extension of the current "soft law" regime can be a substitute for a "hard law" regime with greater enforcement powers. The article concludes that greater institutional backing for the FSB is achievable without...

During the week of 15 September 2008, the world faced a global systemic financial crisis as the result of the failure of a series of large complex global financial institutions (LCGFIs), including Lehman Brothers, Merrill Lynch, American International Group (AIG) and Halifax Bank of Scotland...

This article considers the Finanical Stability Board and the extent to which this extension of the current "soft law" regime can be a substitute for a "hard law" regime with greater enforcement powers. The paper concludes that greater institutional backing for the FSB is achievable without...

Financial crises have become an all-too-common occurrence over the past twenty years, largely as a result of changes in finance brought about by increasing internationalization and integration. As domestic financial systems and economies become more interlinked, weaknesses can significantly...

This chapter looks briefly at some of the factors involved in financial centre development and in the competition to be one of the leading, global financial centres. Overall, the conclusion which emerges is that the development of financial centres is an evolutionary process of strategically...

This article discusses the current global financial crisis and its implications for international finance and financial regulation. The article begins with a discussion of the causes of the crisis, particularly the role of regulatory incentives underlying excessive international and domestic...

This article provides a road map to financial stability. The roadmap is created by analyzing successive episodes of financial crisis at various points in time and the regulatory-cum-supervisory responses devised to reduce the chance of future threats to systemic stability. This article provides...

This article provides a road map to financial stability. The roadmap is created by analyzing successive episodes of financial crisis at various points in time and the regulatory-cum-supervisory responses devised to reduce the chance of future threats to systemic stability. This article provides...