Financing Capital Market Intermediaries In East And Southeast Asia PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Financing Capital Market Intermediaries In East And Southeast Asia PDF full book. Access full book title Financing Capital Market Intermediaries In East And Southeast Asia.
Author | : Hal Scott |
Publisher | : Springer |
Total Pages | : 344 |
Release | : 1996 |
Genre | : Business & Economics |
ISBN | : |
Download Financing Capital Market Intermediaries in East and Southeast Asia Book in PDF, ePub and Kindle
Scholars and financiers from Japan, Britain, and the US provide a public policy perspective on how stock brokers, underwriters, dealers, and other intermediaries fund their capital market operations in eight quickly growing countries. They explain that though uncertainty rose in the 1980's about the self-funding ability of securities firms in the major world financial markets, the concern did not extend to Asia because the demand for funding was low and the supply constrained. They warn government policy makers however that the forces limiting demand are about to change. Their account is analytic and comparative rather than purely descriptive. Annotation copyright by Book News, Inc., Portland, OR
Author | : Nick J Freeman |
Publisher | : Institute of Southeast Asian Studies |
Total Pages | : 392 |
Release | : 2003 |
Genre | : Business & Economics |
ISBN | : 9789812301819 |
Download Financing Southeast Asia's Economic Development Book in PDF, ePub and Kindle
This book examines the various policy options open to the ten countries of the region for improving and diversifying their financial resources. The Asian financial crisis exposed the vulnerabilities of Southeast Asia’s bank-based finance sector, and illustrated the pressing need to develop a more robust and multi-faceted financial infrastructure across the region. Looking ahead, sustained economic development in Southeast Asia will be constrained unless the region can embrace new sources of capital. Authored by experts in their respective fields, the chapters of this book examine such issues as the region’s current debt burden, the region’s banking sector since the 1997–98 crisis, micro-financing efforts in the region, new opportunities in project financing, developing venture capital capabilities, reviving foreign direct investment inflows, creating bond markets, developing the region’s lacklustre equity markets, and the potential benefits of financial integration.
Author | : Asian Development Bank |
Publisher | : Oxford University Press, USA |
Total Pages | : 0 |
Release | : 2014 |
Genre | : Business & Economics |
ISBN | : 9780198099451 |
Download Asian Capital Market Development and Integration Book in PDF, ePub and Kindle
The fiscal crisis in Europe continues to cast a shadow on the global economic outlook, and the securities issued by the United States and European nations are losing their status as traditional safe assets and reserve value. As a result, investors and governments are looking to diversify their investment portfolio with emerging markets, particularly Asian bonds. Such renewed interest has led to excessive capital inflows, making the region increasingly vulnerable to external shocks. However, on the other hand, it leads to abundant liquidity in the capital markets, which reduces financing costs and expands investment opportunities. This book analyses this dilemma and proposes that development of local bond markets and achieving greater market depth and interconnectedness is the best bet to prevent the reoccurrence of a currency crisis like 1997. It thus, assesses the progress achieved thus far in capital market integration in Asia, and compares it with its global peers. The study also assesses the degree to which volatility in equity and bond market returns, driven by financial turmoil originating at both the regional and global levels, spills over into emerging Asia domestic equity and bond markets. The results of this analysis indicate that such spill-over significantly impacts both domestic equity and bond markets in the region. This finding suggests that on-going regional capital market integration initiatives should take into account the risk of contagion that regional financial integration presents, and introduce measures for mitigating such risk as a means of ensuring financial stability in the region.
Author | : X. Zhang |
Publisher | : Springer |
Total Pages | : 285 |
Release | : 2011-09-13 |
Genre | : Political Science |
ISBN | : 0230346464 |
Download The Political Economy of Capital Market Reforms in Southeast Asia Book in PDF, ePub and Kindle
In this book, Xiaoke Zhang addresses two fundamental political and policy questions: why do politicians have heterogeneous incentives to pursue public-regarding policies through capital market reforms and why do they differ in their abilities to initiate and implement market reform policies decisively and resolutely?
Author | : Augusto de la Torre |
Publisher | : World Bank Publications |
Total Pages | : 232 |
Release | : 2006-10-20 |
Genre | : Business & Economics |
ISBN | : 0821365444 |
Download Emerging Capital Markets and Globalization Book in PDF, ePub and Kindle
Back in the early 1990s, economists and policy makers had high expectations about the prospects for domestic capital market development in emerging economies, particularly in Latin America. Unfortunately, they are now faced with disheartening results. Stock and bond markets remain illiquid and segmented. Debt is concentrated at the short end of the maturity spectrum and denominated in foreign currency, exposing countries to maturity and currency risk. Capital markets in Latin America look particularly underdeveloped when considering the many efforts undertaken to improve the macroeconomic environment and to reform the institutions believed to foster capital market development. The disappointing performance has made conventional policy recommendations questionable, at best. 'Emerging Capital Markets and Globalization' analyzes where we stand and where we are heading on capital market development. First, it takes stock of the state and evolution of Latin American capital markets and related reforms over time and relative to other countries. Second, it analyzes the factors related to the development of capital markets, with particular interest on measuring the impact of reforms. And third, in light of this analysis, it discusses the prospects for capital market development in Latin America and emerging economies and the implications for the reform agenda.
Author | : Mr.Luc Laeven |
Publisher | : International Monetary Fund |
Total Pages | : 25 |
Release | : 2014-12-19 |
Genre | : Business & Economics |
ISBN | : 1498372201 |
Download The Development of Local Capital Markets Book in PDF, ePub and Kindle
Capital markets can improve risk sharing and the efficiency with which capital is allocated to the real economy, boosting economic growth and welfare. However, despite these potential benefits, not all countries have well developed capital markets. Moreover, government-led initiatives to develop local capital markets have had mixed success. This paper reviews the literature on the benefits and costs of developing local capital markets, and describes the challenges faced in the development of such markets. The paper concludes with a set of policy recommendations emerging from this literature.
Author | : Andrew Walter |
Publisher | : Oxford University Press |
Total Pages | : 346 |
Release | : 2012-07-26 |
Genre | : Business & Economics |
ISBN | : 0199643091 |
Download East Asian Capitalism Book in PDF, ePub and Kindle
This volume analyses developments in East Asian capitalism since the 1980s, focussing on three main areas: business systems, financial structures, and labour markets.
Author | : Eduardo Roca |
Publisher | : Routledge |
Total Pages | : 184 |
Release | : 2020-11-25 |
Genre | : Business & Economics |
ISBN | : 1000114023 |
Download Price Interdependence Among Equity Markets in the Asia-Pacific Region Book in PDF, ePub and Kindle
This title was first published in 2000: An investigation of the issue of financial markets interdependence or integration through the application of recently developed and powerful techniques in time series econometrics. The text provides coverage of theoretical analysis and applications in the context of the Asia-Pacific region.
Author | : Chwee Huat Tan |
Publisher | : NUS Press |
Total Pages | : 498 |
Release | : 2004 |
Genre | : Asia |
ISBN | : 9789971692759 |
Download Dictionary of Asia Pacific Business Terms Book in PDF, ePub and Kindle
The world of business in Asia is replete with acronyms and unique terminology. This handy reference covers the Asia Pacific from Fiji to Japan and is organized country by country. It gives capsule entries on the key players and concepts in the different Asian countries, and provides a one-stop reference source which should be of use to the international business community.
Author | : Geoffrey R. D. Underhill |
Publisher | : Cambridge University Press |
Total Pages | : |
Release | : 2010-09-02 |
Genre | : Political Science |
ISBN | : 1139490478 |
Download Global Financial Integration Thirty Years On Book in PDF, ePub and Kindle
Early in the new millennium it appeared that a long period of financial crisis had come to an end, but the world now faces renewed and greater turmoil. This 2010 volume analyses the past three decades of global financial integration and governance and the recent collapse into crisis, offering a coherent and policy-relevant overview. State-of-the-art research from an interdisciplinary group of scholars illuminates the economic, political and social issues at the heart of devising an effective and legitimate financial system for the future. The chapters offer debate around a series of core themes which probe the ties between public and private actors and their consequences for outcomes for both developed markets and developing countries alike. The contributors argue that developing effective, legitimate financial governance requires enhancing public versus private authority through broader stakeholder representation, ensuring more acceptable policy outcomes.