Destructive creativity of Wall St and the East Asian response
Author(s)
Bibliographic Information
Destructive creativity of Wall St and the East Asian response
World Scientific, c2009
- Other Title
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Destructive creativity of Wall Street and the East Asian response
Available at 15 libraries
  Aomori
  Iwate
  Miyagi
  Akita
  Yamagata
  Fukushima
  Ibaraki
  Tochigi
  Gunma
  Saitama
  Chiba
  Tokyo
  Kanagawa
  Niigata
  Toyama
  Ishikawa
  Fukui
  Yamanashi
  Nagano
  Gifu
  Shizuoka
  Aichi
  Mie
  Shiga
  Kyoto
  Osaka
  Hyogo
  Nara
  Wakayama
  Tottori
  Shimane
  Okayama
  Hiroshima
  Yamaguchi
  Tokushima
  Kagawa
  Ehime
  Kochi
  Fukuoka
  Saga
  Nagasaki
  Kumamoto
  Oita
  Miyazaki
  Kagoshima
  Okinawa
  Korea
  China
  Thailand
  United Kingdom
  Germany
  Switzerland
  France
  Belgium
  Netherlands
  Sweden
  Norway
  United States of America
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Library, Institute of Developing Economies, Japan External Trade Organization図
AE||332||D117316910
Note
Includes bibliographical references and index
Description and Table of Contents
Description
The current financial crisis provides a valuable occasion for the world to re-examine the grand statements of wisdom which dominate the financial world for a long time. The impact is extremely serious as a result of the convergence of a number of factors such as huge current account deficits of the United States, globalization, deregulation, loose monetary policy, and excessive liquidity. This book seeks to address the critical issues in deregulation, derivatives, leveraging, remuneration systems, and rating agencies.This book will also examine Asia's response and why Asian economies have been less affected by the global financial crisis. Are corporate governance, culture, management styles or even a state-led model the main reasons? Would the Asian sovereign funds help to be the last line of defense against the excesses of the crisis? Is the US$80 billion Asian crisis fund envisaged as the first instance of a coordinated East Asian response to the crisis and would this truly underpin the creation of an East Asian regional order? This book reaffims the need for banks and financial institutions to provide value-adding services, exercise prudence and due diligence and pay due regard for societal interest.
Table of Contents
- A Potted History of Banking and Finance
- The Brave New World of Financial Engineering
- Havocs Caused by Financial Crises
- The Hare and the Tortoise Revisited
- A New Financial Landscape in the Making
- The Global Financial Crisis and the Call for Regulation: East Asia a Model?
- A Survey of Contemporary Asian Regulation
- Old School Japan as a Model?
- The Rise of Beijing Consensus: The Tipping Point?
- East Asian Regionalism as a Prescription?
- Is the Pacific Century for the Finance Industry Finally Here?
- Back to Basics
- Reflection on the Information Economy.
by "Nielsen BookData"