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.
Format: Paperback / softback
CONTRIBUTORS: Barry J. Eichengreen
EAN: 9789812302717
COUNTRY: Singapore
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WEIGHT: 0 g
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PUBLISHED BY: Institute of Southeast Asian Studies
DATE PUBLISHED: 2004-09-30
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GENRE: BUSINESS & ECONOMICS / Development / Economic Development
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Book Themes:
Asia, Development economics and emerging economies
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).
