Data shows that Emerging Asia relies less on bonds and more on banks than developed countries. What costs, if any, do Asian countries incur as a result of their heavy dependence on bank finance and the underdevelopment of their bond market? Barry Eichengreen addresses the questions: what benefits will flow from better bond markets and will initiatives now being taken be adequate for achieving this end.
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Emerging Asia relies less on bonds and more on banks than developed countries. What are the costs of dependence on bank finance and the underdevelopment of the bond market? Barry Eichengreen asks: what benefits will flow from better bond markets and will initiatives be adequate for achieving this end.
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Produktdetaljer

ISBN
9789812302717
Publisert
2004-09-30
Utgiver
Vendor
Institute of Southeast Asian Studies
Aldersnivå
U, P, 05, 06
Språk
Product language
Engelsk
Format
Product format
Heftet
Antall sider
44

Biographical note

Barry Eichengreen is Professor of Economics and of Political Science at the University of California, Berkeley, and Chairman of the Bellagio Group. He has published widely on the international monetary and financial system. His books include Capital Flows and Crises (2003), and Financial Crises and What to Do About Them (2002).