EconPapers    
Economics at your fingertips  
 

Cross-Border Financial Integration in Asia and the Macro-Financial Policy Framework

Philip Lane

The Institute for International Integration Studies Discussion Paper Series from IIIS

Abstract: Asia came through the global financial crisis relatively well. At the same time, financial globalization means that Asia cannot be fully insulated from international financial shocks. Moreover, it is likely that the rest of the world will undergo a redesign of its international financial profile, such that Asia will also have to adapt. All in all, there is likely to be considerable convergence in the composition of international balance sheets across Asia and the rest of the world. In turn, this is likely to be associated with a higher degree of regional financial integration within Asia. These structural changes call for the careful design of a prudential macro-financial policy framework.

Keywords: Asian financial integration; macro-financial framework (search for similar items in EconPapers)
Date: 2013-04
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Forthcoming, World Economics

Downloads: (external link)
https://www.tcd.ie/triss/assets/PDFs/iiis/iiisdp423.pdf

Related works:
Journal Article: Cross-Border Financial Integration in Asia and the Macro-Financial Policy Framework (2013) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:iis:dispap:iiisdp423

Access Statistics for this paper

More papers in The Institute for International Integration Studies Discussion Paper Series from IIIS 01. Contact information at EDIRC.
Bibliographic data for series maintained by Maeve ().

 
Page updated 2019-11-11
Handle: RePEc:iis:dispap:iiisdp423