Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Central Banking and Financial Stability in East Asia

Central Banking and Financial Stability in East Asia

Rövekamp, Frank
Bälz, Moritz
Hilpert, Hanns Günther

Hardcover

Series: Financial and Monetary Policy Studies, Book 40

EconomicsInvesting & FinanceGeneral Political Science

ISBN10: 3319173790
ISBN13: 9783319173795
Publisher: Springer
Published: Jun 26 2015
Pages: 187
Weight: 1.02
Height: 0.50 Width: 6.14 Depth: 9.21
Language: English
This book explores financial stability issues in the context of East Asia. In the East Asian region financial stability has been a major concern ever since the Asian crisis of 1997/98, which still looms large in the collective memory of the affected countries. The global crisis, which had its starting point in 2007, only served to exacerbate this concern. Safeguarding financial stability is therefore a major goal of any country in the region. Diverging cultural, political and economic backgrounds may however pose different stability challenges and necessary cooperation may be complicated by this diversity. Against this backdrop the contributions of this book by leading academics from the fields of economics and law as well as by practitioners from central banks shed light on various financial stability issues. The volume explores the legal environment of central banks as lenders of last resort and analyzes challenges to financial stability such as shadow banking and the choice of exchange rate regimes. Case studies from China, Japan and Indonesia are contrasted with experiences from Europe.

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