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Economy-wide vulnerability in Asia: flow-of-fund analysis

In: Global Shock, Risks, and Asian Financial Reform

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  • Iwan J. Azis
  • Damaris Yarcia

Abstract

The growth of financial markets has clearly outpaced the development of financial market regulations. With growing complexity in the world of finance and the resultant higher frequency of financial crises, all eyes have shifted toward the current inadequacy of financial regulation. This book expertly examines what this episode means for Asia’s financial sector and its stability, and what the implications will be for the region’s financial regulation. By focusing on legal and institutional frameworks the book also elaborates on various issues and challenges in terms of how financial liberalization can maximize the benefits and minimize the risks of crisis.

Suggested Citation

  • Iwan J. Azis & Damaris Yarcia, 2014. "Economy-wide vulnerability in Asia: flow-of-fund analysis," Chapters, in: Iwan J. Azis & Hyun S. Shin (ed.), Global Shock, Risks, and Asian Financial Reform, chapter 5, pages 150-194, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:15939_5
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    Cited by:

    1. Sethi, Pradeepta & Bhattacharjee, Sankalpa & Chakrabarti, Debkumar & Tiwari, Chhavi, 2021. "The impact of globalization and financial development on India’s income inequality," Journal of Policy Modeling, Elsevier, vol. 43(3), pages 639-656.

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