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The Global Financial Crisis and its Implications for Financial Sector Reform and Regulation in Asia

In: Implications of the Global Financial Crisis for Financial Reform and Regulation in Asia

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  • David G. Mayes
  • Peter J. Morgan

Abstract

In light of the experience of the global financial crisis, this book develops concrete recommendations for financial sector reform and regulation in Asian economies aimed at preventing the recurrence of systemic financial crises, improving the ability to manage and resolve crises, managing capital flows and promoting the development of Asian bond markets.

Suggested Citation

  • David G. Mayes & Peter J. Morgan, 2012. "The Global Financial Crisis and its Implications for Financial Sector Reform and Regulation in Asia," Chapters, in: Masahiro Kawai & David G. Mayes & Peter Morgan (ed.), Implications of the Global Financial Crisis for Financial Reform and Regulation in Asia, chapter 1, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:14483_1
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    File URL: https://www.elgaronline.com/view/9780857934710.00009.xml
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    References listed on IDEAS

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    1. Hsu, Chen-Min & Liao, Chih-Feng, 2010. "Financial Turmoil in the Banking Sector and the Asian Lamfalussy Process: The Case of Four Economies," ADBI Working Papers 221, Asian Development Bank Institute.
    2. Samu Peura & Esa Jokivuolle, 2004. "Simulation-based stress testing of banks’ regulatory capital adequacy," Finance 0405003, University Library of Munich, Germany.
    3. Robert McCauley & Guorong Jiang, 2004. "Diversifying with Asian local currency bonds," BIS Quarterly Review, Bank for International Settlements, September.
    4. Barry Eichengreen & Pipat Luengnaruemitchai, 2006. "Why doesn’t Asia have bigger bond markets?," BIS Papers chapters, in: Bank for International Settlements (ed.), Asian bond markets: issues and prospects, volume 30, pages 40-77, Bank for International Settlements.
    5. Morgan, Peter, 2009. "Unregulated Entities, Products, and Markets: Challenges for Monitoring and Regulation," ADBI Policy Briefs 30, Asian Development Bank Institute.
    6. Ronald U. Mendoza, 2009. "A Review of Financial Stability Instruments for Emerging Market Economies," CESifo Economic Studies, CESifo Group, vol. 55(2), pages 353-397, June.
    7. Chen-Min Hsu & Chih-Feng Liao, 2010. "Financial Turmoil in the Banking Sector and the Asian Lamfalussy Process: The Case of Four Economies," Working Papers id:3121, eSocialSciences.
    8. Guorong Jiang & Robert McCauley, 2004. "Asian local currency bond markets," BIS Quarterly Review, Bank for International Settlements, June.
    9. Chen-Min Hsu & Chih-Feng Liao, 2010. "Financial Turmoil in the Banking Sector and the Asian Lamfalussy Process : The Case of Four Economies," Finance Working Papers 22755, East Asian Bureau of Economic Research.
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    Cited by:

    1. Mai, Nhat Chi, 2015. "Efficiency of the banking system in Vietnam under financial liberalization," OSF Preprints qsf6d, Center for Open Science.
    2. Ghulam Ghouse & Saud Ahmed Khan & Muhammad Arshad, 2019. "Volatility Modelling and Dynamic Linkages between Pakistani and Leading Foreign Stock Markets: A Multivariate GARCH Analysis," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 58(3), pages 265-282.

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    Asian Studies; Economics and Finance;

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