From stress to growth : strengthening Asia's financial systems in a post-crisis world /
"Asian financial systems, which serve the most economically dynamic region of the world, survived the global economic crisis of the last several years. In this book scholars argue in separate essays that Asian systems must strengthen their quality, diversity, and resilience to future shocks in order...
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| Drugi avtorji: | , |
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| Format: | Elektronski eKnjiga |
| Jezik: | angleščina |
| Izdano: |
Washington, DC :
Asian Development Bank : Peterson Institute for International Economics,
[2015]
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| Teme: | |
| Online dostop: | An electronic book accessible through the World Wide Web; click to view |
| Oznake: |
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| Izvleček: | "Asian financial systems, which serve the most economically dynamic region of the world, survived the global economic crisis of the last several years. In this book scholars argue in separate essays that Asian systems must strengthen their quality, diversity, and resilience to future shocks in order to deliver growth in coming years. The book examines such phenomena as the dominance of state-owned banks, the growth of nonbank lending (the so-called shadow banks), and the need to develop local bond markets, new financial centers, and stronger supervisory tools to prevent dangerous real estate asset bubbles. China's large financial system is discussed at length, with emphasis on concerns that China's system has grown too fast, that it is overly tilted toward corporate borrowing, and that state domination has led to overly easy credit to state-owned actors. Asia needs investment to improve its infrastructure and carry out technological innovation, but the book argues that the region's financial systems face challenges in meeting that need"-- |
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| Opis knjige/članka: | "June 2015." |
| Fizični opis: | 1 online resource (397 pages) : illustrations |
| Bibliografija: | Includes bibliographical references and index. |
| ISBN: | 9780881327007 (e-book) |