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This paper analyzes the patterns and determinants of financial integration in East Asia by using the data set of cross-border holdings of financial assets such as equity portfolio, long-term and short-term debt securities, and bank claims. Empirical analysis based on the gravity model of...
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"Asian financial systems, which serve the most economically dynamic region of the world, survived the global economic … bubbles. China's large financial system is discussed at length, with emphasis on concerns that China's system has grown too …Asian financial systems, which serve the most economically dynamic region of the world, survived the global economic …
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The survey on Lao private sector and investment climate covered 303 firms in six sectors and seven provinces (Vientiane City, Oudomxay, Luang Prabang, Luangnamtha, Xayaboury, Savannakhet, and Champassack). The survey included 246 firms in manufacturing covering wood processing, construction...
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Viet Nam has experienced spectacular economic growth over the past decade, in part the result of massive foreign direct investment (FDI) inflows. Although much has been written on the impacts of FDI in developing countries, previous studies have generally ignored macroeconomic consequences in...
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This book discusses the risks and opportunities that arise in Emerging Asia given the context of a new environment in global liquidity and capital flows. It elaborates on the need to ensure financial and overall economic stability in the region through improved financial regulation and other...
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