Financial Development in Asia: The Way Forward
Jan 2004 · Institute of Southeast Asian Studies
Ebook
44
Pages
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About this ebook
Data shows that emerging Asia relies less on bonds and more on banks than developed countries. What costs, if any, do Asian countries incur as a result of their heavy dependence on bank finance. Eichengreen addresses the questions: what benefits will flow from better bond markets and will initiatives now being taken be adequate for achieving this end?
About the author
Barry Eichengreen is the George C Pardee and helene n Pardee Professor of Economics and Professor of Political Science at the University of California, Berkeley, and Chairman of the Bellagio Group.
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