This chapter examines the trend towards regionalism upon stock market returns for a sample of Asian countries. We find that stock markets are becoming regionally integrated at a faster rate than globally. This finding reflects the growing co-operation between Asian countries. This study focuses...

This paper examines some of the critical issues facing policy setters in emerging economies in light of recent financial and economic liberalization conducted via the implementation of Washington Consensus type policies. Issues considered include the poor sequencing of financial and economic...