From stress to growth : strengthening Asia's financial systems in a post-crisis world / Marcus Noland and Donghyun Park, editors.

Contributor(s):

Material type: Text

TextPublisher: Washington, DC : Asian Development Bank : Peterson Institute for International Economics, [2015]Copyright date: �2015Description: 1 online resource (397 pages) : illustrationsContent type:

text

Media type:

computer

Carrier type:

online resource

ISBN:

9780881327007 (e-book)

Subject(s):

Genre/Form:

Electronic books.

Additional physical formats: Print version:: From stress to growth : strengthening Asia's financial systems in a post-crisis world.DDC classification:

332.095 23

LOC classification:

HG187.A2 F76 2015

Online resources:

Click to View

Contents:

Financing productivity- and innovation-led growth in developing Asia : international lessons and policy issues -- China : maintaining financial stability amidst financial liberalization -- Bank stress tests and financial stability : lessons from the 2009-14 U.S. and EU-wide tests for Asian emerging economies -- The financial sector and growth in emerging Asian economies -- Financial development and output growth in developing Asia and Latin America : a comparative sectoral analysis.

Summary: "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"-- Provided by publisher.

Reviews from LibraryThing.com:

Tags from this library: No tags from this library for this title. Log in to add tags.

Average rating: 0.0 (0 votes)

No physical items for this record

"June 2015."

Includes bibliographical references and index.

"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"-- Provided by publisher.

Description based on print version record.

Electronic reproduction. Ann Arbor, MI : ProQuest, 2016. Available via World Wide Web. Access may be limited to ProQuest affiliated libraries.

There are no comments on this title.

to post a comment.

here