Financial Market Regulation and Reforms in Emerging Markets
eBook - PDF

Financial Market Regulation and Reforms in Emerging Markets

  1. 423 pages
  2. English
  3. PDF
  4. Available on iOS & Android
eBook - PDF

Financial Market Regulation and Reforms in Emerging Markets

About this book

A Brookings Institution Press and Asian Development Bank Institute publicationThe rapid spread and far-reaching impact of the global financial crisis have highlighted
the need for strengthening financial systems in advanced economies and emerging
markets. Emerging markets face particular challenges in developing their nascent
financial systems and making them resilient to domestic and external shocks. Financial reforms are critical to these economies as they pursue programs of high and sustainable growth.

In this timely volume Masahiro Kawai, Eswar Prasad, and their contributors offer a systematic overview of recent developments in—and the latest thinking about—regulatory frameworks in both advanced countries and emerging markets. Their analyses and observations clearly point out the challenges to improving regulation, efficiency of markets, and access to the fi nancial system. Policymakers and financial managers in emerging markets are struggling to learn from the crisis and will need to grapple with some key questions as they restructure and reform their financial markets:

• What lessons does the global financial crisis of 2007–09 offer for the establishment of efficient and flexible regulatory structures?

• How can policymakers develop broader financial markets while managing the associated risks?

• How—or should—they make the formal financial system more accessible to more people?

• How might they best contend with multinational financial institutions?

This book is an important step in getting a better grasp of these issues and making progress toward solutions that strike a balance between promoting financial market development and efficiency on the one hand, and ensuring financial stability on the other.

Frequently asked questions

Yes, you can cancel anytime from the Subscription tab in your account settings on the Perlego website. Your subscription will stay active until the end of your current billing period. Learn how to cancel your subscription.
At the moment all of our mobile-responsive ePub books are available to download via the app. Most of our PDFs are also available to download and we're working on making the final remaining ones downloadable now. Learn more here.
Perlego offers two plans: Essential and Complete
  • Essential is ideal for learners and professionals who enjoy exploring a wide range of subjects. Access the Essential Library with 800,000+ trusted titles and best-sellers across business, personal growth, and the humanities. Includes unlimited reading time and Standard Read Aloud voice.
  • Complete: Perfect for advanced learners and researchers needing full, unrestricted access. Unlock 1.4M+ books across hundreds of subjects, including academic and specialized titles. The Complete Plan also includes advanced features like Premium Read Aloud and Research Assistant.
Both plans are available with monthly, semester, or annual billing cycles.
We are an online textbook subscription service, where you can get access to an entire online library for less than the price of a single book per month. With over 1 million books across 1000+ topics, we’ve got you covered! Learn more here.
Look out for the read-aloud symbol on your next book to see if you can listen to it. The read-aloud tool reads text aloud for you, highlighting the text as it is being read. You can pause it, speed it up and slow it down. Learn more here.
Yes! You can use the Perlego app on both iOS or Android devices to read anytime, anywhere — even offline. Perfect for commutes or when you’re on the go.
Please note we cannot support devices running on iOS 13 and Android 7 or earlier. Learn more about using the app.
Yes, you can access Financial Market Regulation and Reforms in Emerging Markets by Masahiro Kawai, Eswar S. Prasad in PDF and/or ePUB format, as well as other popular books in Business & Business generale. We have over one million books available in our catalogue for you to explore.

Table of contents

  1. Front Cover
  2. Copyright Information
  3. Table of Contents
  4. Introduction
  5. Part I: Overview
  6. Financial Sector Regulation and Reforms in Emerging Markets: An Overview
  7. Part II: New Perspectives on Financial Regulation
  8. Market Failures and Regulatory Failures: Lessons from Past and Present Financial Crises
  9. Evaluating the U.S. Plans for Financial Regulatory Reform
  10. Part III: Regulatory Frameworks for Emerging Markets
  11. Emerging Contours of Financial Regulation: Challenges and Dynamics
  12. What Regulatory Policies Work for Emerging Markets?
  13. Banking Supervision in Indonesia
  14. Part IV: Financial Market Development and Stability
  15. Who Should Regulate Systemic Stability Risk? The Relevance for Asia
  16. Financial Development: A Broader Perspective
  17. Financial Development in Emerging Markets: The Indian Experience
  18. Part V: Improving Financial Access in Emerging Markets
  19. Universalizing Complete Access to Finance: Key Conceptual Issues
  20. Financial Inclusion and Financial Stability: Current Policy Issues
  21. Part VI: Cross-Border Regulation
  22. Cross-Border Regulation after the Global Financial Crisis
  23. Addressing Private Sector Currency Mismatches in Emerging Europe
  24. Contributors
  25. Index
  26. Back Cover