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The Future of Asian Finance

The Future of Asian Finance
Author: Ms.Ratna Sahay
Publisher: International Monetary Fund
Total Pages: 310
Release: 2015-08-18
Genre: Business & Economics
ISBN: 1498317197

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Asia’s financial systems proved resilient to the shocks from the global financial crisis, and growth since then has been strong. But new challenges have emerged in the region’s economies, including demographics and aging, the need to diversify from bank-dominated systems, urbanization and infrastructure, and the rebalancing of economic activity. This book takes stock of the challenges facing the region today and how economic systems in Asia’s advanced and emerging market economies compare with the rest of the world.


Banking on the Future of Asia and the Pacific

Banking on the Future of Asia and the Pacific
Author: Peter McCawley
Publisher: Asian Development Bank
Total Pages: 548
Release: 2017-04-01
Genre: Business & Economics
ISBN: 9292577921

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This book is a history of the Asian Development Bank (ADB), a multilateral development bank established 50 years ago to serve Asia and the Pacific. Focusing on the region’s economic development, the evolution of the international development agenda, and the story of ADB itself, this book raises several key questions: What are the outstanding features of regional development to which ADB had to respond? How has the bank grown and evolved in changing circumstances? How did ADB’s successive leaders promote reforms while preserving continuity with the efforts of their predecessors? ADB has played an important role in the transformation of Asia and the Pacific the past 50 years. As ADB continues to evolve and adapt to the region’s changing development landscape, the experiences highlighted in this book can provide valuable insight on how best to serve Asia and the Pacific in the future.


The Future of Asian Finance

The Future of Asian Finance
Author: Ratna Sahay
Publisher:
Total Pages: 0
Release: 2015
Genre: Asia
ISBN: 9781513540597

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Asia's financial systems proved resilient to the shocks from the global financial crisis, and growth since then has been strong. But new challenges have emerged in the region's economies, including demographics and aging, the need to diversify from bank-dominated systems, urbanization and infrastructure, and the rebalancing of economic activity. This book takes stock of the challenges facing the region today and how economic systems in Asia's advanced and emerging market economies compare with the rest of the world.


Excerpt: Future of Asian Finance

Excerpt: Future of Asian Finance
Author: Ms.Ratna Sahay
Publisher: International Monetary Fund
Total Pages: 22
Release: 2015-08-12
Genre: Business & Economics
ISBN: 151358118X

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This paper is an excerpt from The Future of Asian Finance. Asia demonstrated remarkable resilience throughout the global financial crisis and its aftermath. But new challenges have emerged in the region's economies. This book provides a comprehensive assessment of the state of Asia's financial sector, the challenges going forward, and the changes that can be expected. It takes stock of how systems in Asia's advanced and emerging market economies compare with the rest of the world and how reforms to develop equity and bond markets have progressed. Chapters discuss how Asian financial systems will evolve in complexity and interconnectedness and what this means for the regional financial centers of Hong Kong Special Administrative Region and Singapore. Other topics covered in the book include: harnessing the region's demographic dividend to finance infrastructure, the state of economic and financial integration in Association of Southeast Asian Nations, the role of capital flows, how changes to the global regulatory regimes will affect Asian financial systems, and policy responses to address the region's present and future challenges.


Future of Regional Cooperation in Asia and the Pacific

Future of Regional Cooperation in Asia and the Pacific
Author: Bambang Susantono
Publisher: Asian Development Bank
Total Pages: 536
Release: 2020-11-01
Genre: Political Science
ISBN: 9292624938

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This book reviews progress with regional cooperation and integration in Asia and the Pacific and explores how it can be reshaped to achieve a more resilient, sustainable, and inclusive future. Consisting of papers contributed by renowned scholars and Asian Development Bank staff, the book covers four major areas: public goods, trade and investment, financial cooperation, and regional health cooperation. The book emphasizes how the region can better leverage regional integration to realize its vast potential as well as overcome challenges such as the coronavirus disease (COVID-19) pandemic.


Future of Asia’s Finance

Future of Asia’s Finance
Author: Ding Ding
Publisher: International Monetary Fund
Total Pages: 26
Release: 2014-07-16
Genre: Business & Economics
ISBN: 1498393667

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There is a role for Asia’s financial sector to play to address the challenges associated with the region’s changing demographics and infrastructure investment needs. Enhancing financial innovation and integration in the region could facilitate intra-regional financial flows and mobilize resources from the aging savers in industrialized Asia to finance infrastructure investment in emerging Asia. Strengthening the financial ties within the region as well as with the global financial markets alongside appropriate prudential frameworks could also help diversify sources of financing and reduce the cost of funding in emerging Asia. Finally, financial deepening could help ease the potential overheating from scaling up infrastructure investment and hence achieve a more balanced growth in the region.


Asia's Banking CEOs

Asia's Banking CEOs
Author: Peter Höflich (Ph. D.)
Publisher: John Wiley & Sons
Total Pages: 284
Release: 2008-09-15
Genre: Business & Economics
ISBN:

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Peter Hoflich has written a book which gives a truly informative perspective of banking in Asia. Not only has he profi led a wide range of CEOs of varying background, nationality and ambition, but he has also given valuable insights into the banking infrastructure itself in many countries. Whether it is the astonishing growth story of HDFC under Aditya Puri, the bureaucrat turned banker focus of Guo Shuqing of CCB, the regulatory pressures under which Syed Ali Raza works at National Bank of Pakistan, the new frontier potential of internet-only banks such as Matsuo Taiichi’s eBank and Ishii Shigeru’s Sony Bank and more—there is something here for every observer of Asian banking. –Andrew Long Group General Manager & Head of Global Transaction Banking, HSBC If you want to get a good insight into the strategies and thinking that drive bankers in Asia, this is the book for you. It is not very often that you get a chance to know the personal philosophies of bank executives, but also something about their backgrounds and histories. This book gives great insights into where some of the most important banks in Asia are headed and what challenges they face. The scope is very broad, featuring banks and bank executives in Japan, China, Korea, India, Pakistan, Thailand and Sri Lanka. Not only are the largest banks covered but also the smaller ones, and one of the more interesting sections is about the executives that run the internet banks. A fascinating and well-written book. –Mark Mobius President, Templeton Emerging Markets This is an always interesting and often intriguing look behind the scenes at some of the Asian financial institutions that are helping to shape our future and the bankers who run them. Peter Hoflich has a provocatively edgy style that makes for a quick read. –Craig Weeks Managing Director, Global Trade Services, JPMorgan Whether you lived through the Asian financial crisis, are new to the region, or are a veteran global banker, this book is enlightening. Peter Hoflich captures the essence of some of the great leaders in Asian banking, their institutions and environments. He reveals how they formed or transformed institutions at lightning speed during the past decade resulting in some of the largest global banks and some of the most nimble. The personalities shine through with descriptions such as “a salty northerner” and “the grizzled demeanor of a chain smoker.” Most have passion and vision plus strong disciplines to liberate hidden potential both for their countries and for the global banking industry. An inspiring read. –Karen Fawcett Group Head of Transaction Banking, Standard Chartered Bank One of the best business books I have read in many years. It accurately describes our recent history in banking, especially in the fast-moving consumer banking world. It is also a book about strategy, management and innovation. But, more difficult, it is a unique gallery of portraits of leaders who made Asian fi nancial services what it is today, with managers who taught us many lessons and whose clarity of analysis, efficiency in action and contributions to the industry and society will continue to influence all of us and help us build the future of banking in our region. This book is a must. Reading it, you will discover banking in Asia. Studying it, you will understand its development. Reflecting on it, you will be able to learn even more about yourself, about your opportunities, and your own way to demonstrate your leadership. –Philippe Paillart Managing Partner, Sin Rong Investment and Advisory Group


Finance in Asia

Finance in Asia
Author: Qiao Liu
Publisher: Routledge
Total Pages: 634
Release: 2013
Genre: Business & Economics
ISBN: 0415423201

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Asia's demand for second-generation financial institutions and markets needs to be met in order for the region's further development to be sustained. This book provides a compelling, fact-based assessment of current practices and regulations in Asia's financial institutions and markets and carefully documents the exciting opportunities and challenges that lie ahead in the region's financial systems. This book differs in design from typical treatments of financial institutions and markets because its focus is on Asia rather than using the US model (in terms of market configurations or products) as a benchmark, and its takes a contemporary and forward-looking view of financial markets. Examples of practice from Asia are used to illustrate major accepted themes in finance and financial regulation. To the extent that Asia's main economies share characteristics that are distinct, for example, in the relationship between government and the banking sector, or in aspects of corporate governance, the book will discuss the consequences for market operation and intermediation. The book's carefully structured facts and rigorously argued analysis carry important implications both for students in business and law and for professionals new to financial markets in Asia. It will change the way that Asian financial markets and institutions is taught in universities as well as provide a valuable resource for professionals working in finance in Asia.


East Asia's Financial Systems

East Asia's Financial Systems
Author: Seiichi Masuyama
Publisher: Institute of Southeast Asian Studies
Total Pages: 392
Release: 1999
Genre: Business & Economics
ISBN: 9789812300058

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Financial systems in the East Asian region are commanding worldwide attention. Japan's financial sector, with an ailing banking system in the aftermath of a bubble economy, is undergoing a "Big Bang" deregulation, liberalization, and securitization. At the same time, the rehabilitation of Southeast Asian and Korean economies in the wake of the Asian financial crisis awaits restoration of their banking sectors. The region's bank-dominated and development finance-oriented financial systems are coming into friction with global capital markets that lack adequate architecture. In this volume, researchers from ten East Asian think- tanks analyse the financial systems in their respective economies. They survey the financial sector deregulation and liberalization that took place in the midst of economic booms and they evaluate the role of the financial systems in the region's current economic misfortunes. Together, the pieces in this volume lay the groundwork for understanding how financial systems in East Asia have evolved as the economies have grown more complex and capital markets have globalized, and how these systems must adapt to move beyond today's crisis to serve the region's economies in the future.


From Asian to Global Financial Crisis

From Asian to Global Financial Crisis
Author: Andrew Sheng
Publisher: Cambridge University Press
Total Pages: 505
Release: 2009-09-28
Genre: Business & Economics
ISBN: 1139481916

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This is a unique insider account of the new world of unfettered finance. The author, an Asian regulator, examines how old mindsets, market fundamentalism, loose monetary policy, carry trade, lax supervision, greed, cronyism, and financial engineering caused both the Asian crisis of the late 1990s and the global crisis of 2008–9. This book shows how the Japanese zero interest rate policy to fight deflation helped create the carry trade that generated bubbles in Asia whose effects brought Asian economies down. The study's main purpose is to demonstrate that global finance is so interlinked and interactive that our current tools and institutional structure to deal with critical episodes are completely outdated. The book explains how current financial policies and regulation failed to deal with a global bubble and makes recommendations on what must change.