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Iwan Azis () and Hyun Song Shin

Chapter 1 in Global Shock, Risks, and Asian Financial Reform, 2014, pp 3-12 from Edward Elgar Publishing

Abstract: The growth of financial markets has clearly outpaced the development of financial market regulations. With growing complexity in the world of finance and the resultant higher frequency of financial crises, all eyes have shifted toward the current inadequacy of financial regulation. This book expertly examines what this episode means for Asia’s financial sector and its stability, and what the implications will be for the region’s financial regulation. By focusing on legal and institutional frameworks the book also elaborates on various issues and challenges in terms of how financial liberalization can maximize the benefits and minimize the risks of crisis.

Keywords: Economics and Finance (search for similar items in EconPapers)
Date: 2014
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