Financial Integration and Macrofinancial Linkages in Asia: Crises, Responses, and Policy Considerations
Financial Integration and Macrofinancial Linkages in Asia: Crises, Responses, and Policy Considerations
Asian Development Bank
9292624180
ISBN 13: 9789292624187
Softcover

Financial Integration and Macrofinancial Linkages in Asia: Crises, Responses, and Policy Considerations

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ING9789292624187
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The Asian financial landscape has become more interconnected over the past 2 decades. Previous financial crises have proven how volatility can transmit rapidly across an interconnected financial network. Moreover, empirical analyses have shown how it can reverberate across the macroeconomy. With a summary of lessons from past financial crises, this report also analyzes the impact of deeper financial integration on economic vulnerability.

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