Banking Reform in Southeast Asia

Banking Reform in Southeast Asia PDF Author: Malcolm Cook
Publisher: Routledge
ISBN: 1134125127
Category : Business & Economics
Languages : en
Pages : 223

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Book Description
This book empirically examines banking reform in the economies of Southeast Asia as they sought to adapt to major developments in the global economic system over the past three decades, including the globalisation of finance, the debt crisis of the 1980s and the 1997-1998 Asian financial crisis. Focusing in particular on the turbulent decade of fin

Banking Reform in Southeast Asia

Banking Reform in Southeast Asia PDF Author: Malcolm Cook
Publisher: Routledge
ISBN: 1134125127
Category : Business & Economics
Languages : en
Pages : 223

Get Book Here

Book Description
This book empirically examines banking reform in the economies of Southeast Asia as they sought to adapt to major developments in the global economic system over the past three decades, including the globalisation of finance, the debt crisis of the 1980s and the 1997-1998 Asian financial crisis. Focusing in particular on the turbulent decade of fin

Asian States, Asian Bankers

Asian States, Asian Bankers PDF Author: Natasha Hamilton-Hart
Publisher: Cornell University Press
ISBN: 1501721739
Category : Political Science
Languages : en
Pages : 234

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Book Description
Financial markets are given to instability, but some financial systems are more crisis-prone than others. Natasha Hamilton-Hart's historically grounded investigation of central banks, governments, and private bankers in Southeast Asia helps explain why. Focusing on Indonesia, Malaysia, and Singapore, she shows how the long-term development and internal attributes of central banks and state financial institutions shape their interactions with private bankers and influence their ability to manage the financial sector.The politics of finance in Southeast Asia is understudied, Hamilton-Hart contends, and central banks themselves virtually ignored. Yet central banks play a pivotal role in determining a country's vulnerability to regional and global financial pressures such as the currency and financial crises of the late 1990s. Southeast Asian central bankers were major players in the events surrounding these upheavals. Countries in the region experienced the economic chaos in different ways, however, as the central banks of Indonesia, Malaysia, and Singapore drew upon different institutional capacities and legacies. Asian States, Asian Bankers brings new case material to the field of political economics and delineates the operation of central banks and their roles in the monetary and financial policies of three Southeast Asian states. In addition, Hamilton-Hart's work bridges two areas that have often been studied apart from each other: the national-level politics of financial management and the transnational orientation of many bankers in Southeast Asia.

East Asia's Financial Systems

East Asia's Financial Systems PDF Author: Seiichi Masuyama
Publisher: Institute of Southeast Asian Studies
ISBN: 9789812300058
Category : Business & Economics
Languages : en
Pages : 392

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Book Description
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.

Reforming Corporate Governance in Southeast Asia

Reforming Corporate Governance in Southeast Asia PDF Author: Ho Khai Leong
Publisher: Institute of Southeast Asian Studies
ISBN: 9812302956
Category : Business & Economics
Languages : en
Pages : 417

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Book Description
This multi-disciplinary volume provides a critical examination of corporate governance reform in Southeast Asia especially after the Asian financial crisis in 1997. The weaknesses in the corporate sector, such as poor investment structure, weak legal and accounting systems, faulty financial practices, questionable political interventions, are some of the pertinent issues raised by the authors, who include legal specialists, corporate practitioners, economists, and political scientists. Policy measures to improve corporate transparency, institutional accountability, and fiscal prudence are also proposed. The volume provides interested readers and policy-makers in Southeast Asia with the most current research and policy options on corporate governance reform, and advocates more committed and effective governance changes in the future.

Institutional Change in Southeast Asia

Institutional Change in Southeast Asia PDF Author: Fredrik Sjöholm
Publisher: Psychology Press
ISBN: 9780415338714
Category : Business & Economics
Languages : en
Pages : 232

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Book Description
Institutional Change in Southeast Asiaexamines the institutional changes taking place in, and challenges facing, the region since 1997. The book focuses on determinants to the adjustments and on implementations of the reforms. It also describes various differences in the reform process between countries in the region. Southeast Asia's economic development over the last decades has been impressive. Most of the region achieved consistently high growth rates accompanied by significant structural transformation and industrialization, poverty alleviation and improvements in their overall standard of living as indicated by such social indicators as greater longevity, more widespread delivery of basic education and lower infant mortality rates. However, the crisis that struck Southeast Asia in 1997 had severe economic, social and political consequences in the region. It also threw into doubt the future economic prosperity of the countries in Southeast Asia and raised intriguing questions about the quality of their institutions and their approach to economic development. Sjöholm and Tongzon argue that the economies of Southeast Asia need to reform their institutions if the previous rapid development is to continue. The institutional weaknesses have been addressed to different degrees and with different success in the affected countries. Against the backdrop of Southeast Asia's importance in the world economy, it is hardly possible to overestimate the need to understand this process of change.

Post-Asian Financial Crisis Reforms in Thailand

Post-Asian Financial Crisis Reforms in Thailand PDF Author: Wanxue Lu
Publisher: Springer Nature
ISBN: 9819737710
Category :
Languages : en
Pages : 171

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Book Description


Banking Reform in Southeast Asia

Banking Reform in Southeast Asia PDF Author: Malcolm Cook
Publisher: Routledge
ISBN: 1134125135
Category : Business & Economics
Languages : en
Pages : 175

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Book Description
Providing a detailed account of the history of banking reform in Southeast Asia, this book analyzes the major developments in the global economic system over the past three decades, including the globalization of finance, the debt crisis of the 1980s and the 1997-1998 Asian financial crisis.

Financial Sourcebook For Southeast Asia And Hong Kong

Financial Sourcebook For Southeast Asia And Hong Kong PDF Author: Chwee Huat Tan
Publisher: World Scientific
ISBN: 9814493546
Category : Business & Economics
Languages : en
Pages : 503

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Book Description
The Asian financial crisis has attracted much attention to this part of the world, especially Southeast Asia where the crisis first emerged. While there are signs of economic recovery in the affected countries, financial events in Southeast Asia remain the focus of international attention.Part I of this book highlights the basic features of the financial systems of Southeast Asian countries and Part II highlights the financial reforms that have been implemented in several Southeast Asian countries and Hong Kong. Part III is a convenient directory of the various financial institutions in Southeast Asia and Hong Kong. Part IV is a list of abbreviations and Part V is a lexicon or dictionary of financial terms arranged from A to Z. Many of these terms are specific to Southeast Asia. They are not found in most standard dictionaries on banking and finance.

Southeast Asia's Economic Crisis

Southeast Asia's Economic Crisis PDF Author: Heinz Wolfgang Arndt
Publisher: Institute of Southeast Asian Studies
ISBN: 9789813055896
Category : Business & Economics
Languages : en
Pages : 198

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Book Description
Southeast Asia is suddenly in crisis, the largest country - Indonesia - deeply so. This volume, comprising a set of specially commissioned papers, examines the origins, lessons, and future path of the crisis. Why didn't economists foresee the sudden and catastrophic events of 1997-98? How can seemingly robust and vigorous economies fall so far, so swiftly? Do we, in consequence, need to change the way we view the world? Is there anything to salvage of the "East Asian miracle"? Is Southeast Asia about to experience its own version of the "lost decade", analogous to that which afflicted much of Africa and Latin America in the 1980s?

Financing Southeast Asia's Economic Development

Financing Southeast Asia's Economic Development PDF Author: Nick J Freeman
Publisher: Institute of Southeast Asian Studies
ISBN: 9789812301819
Category : Business & Economics
Languages : en
Pages : 392

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Book Description
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.