Description - Designing Financial Systems for East Asia and Japan by Joseph Fan
A distinctive feature of the last decade has been the drastic change in the financial systems of the world due to globalization and innovation. The changes have resulted in more market-oriented systems and have required re-designing of existing financial institutions and markets, corporate governance and regulatory frameworks in order to achieve sustainable economic development. The East Asian crisis and prolonged depression in Japan have heightened the need to redesign financial systems in the region. This book deliberates on some urgent issues that face the new architecture of the financial systems in Japan and East Asia. The book is broken into three sections: The role of financial institutions and markets in economic development in Japan and East Asia Issues in corporate governance and new technologies The designing of efficient financial systems With contributions from leading Asian economics experts based around the world, this book will be useful to both scholars and professionals with an interest in financial systems, corporate financing and governance.
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