Recent Changes in the Financial Systems of Asian and Pacific Countries

التفاصيل البيبلوغرافية
العنوان: Recent Changes in the Financial Systems of Asian and Pacific Countries
المؤلفون: Frankel, Jeffrey A.
سنة النشر: 1993
المجموعة: AgEcon Search - Research in Agricultural & Applied Economics
مصطلحات موضوعية: financial repression, financial liberalization, banking regulation, emerging markets, East Asia, Financial Economics, G2, O16
الوصف: The paper reviews the recent evolution of the financial structure of Pacific counties, particularly the rapidly developing countries of East Asia. It argues that there are three natural stages of development in a country's financial system, which emphasize respectively: (1) internal finance, (2) the intermediation of finance, and (3) securitization. It reviews the emergence of securities markets in East Asia, the particular case of financial liberalization in Korea, problems posed by recent capital inflows in these countries, and such issues for regulatory policy as prudential supervision of banks, reserve requirements, and compulsory finance.
نوع الوثيقة: report
اللغة: English
العلاقة: University of California, Berkeley>Department of Economics>Center for International and Development Economics Research (CIDER) Working Papers; Working Paper; C93-031; http://purl.umn.edu/233214Test
الإتاحة: http://purl.umn.edu/233214Test
رقم الانضمام: edsbas.DB6FFAAC
قاعدة البيانات: BASE