The Financial Development of Japan, Korea, and Taiwan
Language: English
Published by Oxford University Press Inc, US, 1994
- Hardcover
- New
Seller: Rarewaves.com USA, London, London, United KingdomRarewaves.com USA
AbeBooks seller since June 11, 2025
Condition: New
£ 227.24
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Add to basketItem description from seller
This path-breaking comparative study of the economies of Japan, Korea, and Taiwan analyses the evolution of the financial systems of each country in relation to their last four decades of dynamic economic growth. Each country study is addressed in two chapters, the first covering macroeconomic aspects of the financial system and the second chapter focusing on commercial banking. The analysis shows how financial development has occurred in two distinct phases. Initially interest rates were regulated to remain below market levels, entry of new financial institutions was restricted, financial markets were segmented, and domestic finance was insulated from world financial markets. The second phase has seen a steady, if sometimes slow, removal of these restrictions. This liberalization has meant regulation now focuses on prudential measures for system safety while financial resources are increasingly allocated through the marketplace. The evaluation of the financial development of Japan, Korea and Taiwan provides significant insights for economists and policymakers. In particular, there are many lessons for less developed markets and transforming socialist economics. …
Seller Inventory # LU-9780195087666
- Title
- The Financial Development of Japan, Korea, and Taiwan
- Author
- Hugh T. Patrick
- Publisher
- Oxford University Press Inc, US
- Publication year
- 1994
- Condition
- New
- Binding
- Hardback
- Language
- English
- ISBN 10
- 0195087666
- ISBN 13
- 9780195087666
- Edition
- Illustrated.
- Item weight
- 684 grams
- Dimensions
- 16.21 x 3.37 x 24.13 cm
"Synopsis" may belong to another edition of this title.
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Rarewaves.com USA
London, London, United Kingdom
AbeBooks seller since June 11, 2025
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