Financial Development in Asia

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Financial Development in Asia image
ISBN-10:

9812302719

ISBN-13:

9789812302717

Format: Paperback, 0 pages

Description:

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 and the underdevelopment of their bond market Barry Eichengreen addresses the questions: what benefits will flow from better bond markets and will initiatives now being taken be adequate for achieving this end.

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