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Financial Globalization and Regionalism in East Asia (eBook, ePUB)

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With increased resilience in the financial systems, emerging Asian economies were less affected by the recent global financial crisis, recovering more quickly from the crisis than major advanced economies. Yet, Asian financial systems remain underdeveloped. More open and efficient financial systems continue to be a key priority for Asia's development strategy. Emerging Asian economies need to tackle the new challenges to macroeconomic and financial stability posed by financial globalisation.This book identifies the key challenges to Asia's financial development in an era of rapid financial glo...

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