Items related to Development Centre Seminars Financial Liberalisation...

Development Centre Seminars Financial Liberalisation in Asia: Analysis and Prospects - Softcover

Queisser, Monika

 
9789264169746: Development Centre Seminars Financial Liberalisation in Asia: Analysis and Prospects

Synopsis

Rapid globalisation has brought substantial benefits to developing Asia, but it has also heightened the risks associated with policy mistakes, weak financial institutions, and problems in corporate and public governance. The 1997 Asian crisis has demonstrated the urgent need to rethink the sequencing and comprehensiveness of financial liberalisation. Would further opening of Asia's financial systems be helpful or counterproductive in fostering financial stability? What structural reforms do emerging economies need to undertake to ensure that capital inflows are transformed into productive investment? Which regulatory and other requirements would have to be attached to further financial liberalisation? And what role should international organisations and the private sector play in crisis resolution? This volume seeks to provide answers to these questions by discussing the roots of the Asian financial crisis and suggesting some constructive approaches to crisis resolution. It was produced jointly by the Asian Development Bank and OECD Development Centre based on their fourth joint annual Forum on Asian Perspectives.

"synopsis" may belong to another edition of this title.

Synopsis

Rapid globalization has bought benefits to developing Asia but it has also heightened the risks associated with policy mistakes, weak financial institutions and poor corporate and public governance. This volume considers various issues related to the timing and sequencing of financial liberalization in Asia. It discusses the roots of the Asian financial crisis and suggests several constructive approaches to crisis resolution.

About the Author

Douglas H. Brooks is Chairman of the Board of the Board of Directors at Brinker International. Monika Queisser is the Head of Social Policy at the OECD.

"About this title" may belong to another edition of this title.