Previous Chapter Chapter 14: A New Financial Market Structure for East Asia: How to Promote Regional Financial Market Integration* Next Chapter

Gordon de Brouwer & Jenny Corbett

In: Capital Market Reform in Asia: Towards Developed and Integrated Markets in Times of Change

Chapter 14: A New Financial Market Structure for East Asia: How to Promote Regional Financial Market Integration*

  • Citations
  • Add to My List
  • Text Size

A New Financial Market Structure for East Asia: How to Promote Regional Financial Market Integration*
A new financial market structure for East Asia: How to promote regional financial market integration
Gordonde Brouwer and JennyCorbett
Introduction

East Asia's capacity to secure strong and stable economic growth depends on, among other things, a secure foundation of well-functioning financial markets, institutions, and systems. In general, the region's financial markets are relatively weak, undeveloped, and unsophisticated, although there are exceptions, notably, Australia, Hong Kong, China, Japan, and Singapore. The region's financial institutions are also generally weak, again with a number of exceptions. Not only are the banking sectors of some of the crisis-affected economies still heavily burdened by the fallout from the Asian financial crisis of 1997–98, but most banks in the ...

Looks like you do not have access to this content.

Login

Don’t know how to login?

Click here for free trial login.

Back to Top

Copy and paste the following HTML into your website