This book contends that the East Asian financial constitution lacks an appropriate infrastructure, resulting in inefficient allocation of high savings and an over-inflated short-term debt market. It goes on to point out that despite high savings, East Asia's dependency on financial centers...

pt. 1. Banking in Austria and Vienna -- pt. 2. Stock markets, railroad finance, and information networks -- pt. 3. Modernization of banking in Sweden, the Netherlands, and Greece -- pt. 4. The evolution of modern banking in the Far East.

1. World capital markets -- 2. Financial centers and exchanges -- 3. Changing exchanges -- 4. Business models -- 5. Restructuring via mergers -- 6. Transatlantic mergers -- 7. London calling -- 8. Derivatives dominate -- 9. Asia Pacific exchanges -- 10. Hong Kong-Shanghai nexus -- 11. Looking...

This paper analyzes the patterns and determinants of financial integration in East Asia by using the data set of cross-border holdings of financial assets such as equity portfolio, long-term and short-term debt securities, and bank claims. Empirical analysis based on the gravity model of...

The aim of this study is to investigate the determinants of integration between stock market of Romania and other stock markets of European Union (EU) countries. Correlations between the stock returns represent the level of integration between the stock markets. Empirical analysis are performed...