either cyclical or procyclical. This was particularly apparent since the 2008–2009 global financial crisis, which was marked …

current global crisis and the Asian financial crisis have become evident. Solid domestic institutions, especially in the …The pullbacks of capital inflows to developing Asia following the onset of the global financial crisis in 2008 have … brought renewed attention to the role and benefits of financial globalization. A number of notable distinctions between the …

financial crises or recessions in Asia. In view of the current global crisis and severe financial downturns, Asian economies are …The paper analyzes the stylized features of historical crisis episodes for 21 developing Asian economies over 1961 …–2007. The paper finds that while there is substantial diversity, on average, recessions and financial downturns are more …

Developing Asia's financial depth as a whole compares favorably with other parts of the developing world, but there are … financial systems in Bangladesh, Cambodia, Georgia, Mongolia, and Papua New Guinea. All are low-income and lower … financial institutions and markets. Financial regulators in these countries face a difficult trade-off between promoting …

This paper investigates the changing network of financial markets between Asian markets and those of the rest of the … before and after the Asian financial crisis and the global financial crisis. Increased connections during crisis periods are … access to this bridge for protection during periods of financial stress. Both parties gain by overcoming the information …

This paper analyzes the conduct and effects of macroprudential policy in 11 Asian economies. Of these, India, the … before the global financial crisis. India and the People's Republic of China are the most frequent users of macroprudential … actions more frequently after the global financial crisis than before it. In most of these economies, macroprudential policy …

Remittances to Asia plunged during the 1997 Asian financial crisis, but the drop was temporary as the flows were … examines remittances data to several Asian countries to shed light on such issues. The results suggest that while remittance …

. Assessments of the global financial crisis invariably point to ineffective finance regulation and supervision as the main reasons …The global financial crisis underlined that sound and effective bank regulation is vital to financial stability … outbreak. The crisis reflected the failure of regulatory authorities to keep pace with financial innovation. Bank supervision …

and discusses the de jure in various developing and emerging Asian economies. It then goes on to offer a simple empirical … estimation of the degree of influence of the G3 currencies in selected Asian currencies over the past decade. The paper finds … some evidence of evolution of Asian exchange rate policies toward an apparent “fear of appreciation” rather than “fear of …