Stay on target! Implications of the global financial crisis for Asian capital markets

Dados Bibliográficos

ID6049720
AutoresTimothy J Sinclair (0000-0002-3590-5905, University of Warwick, autor correspondente)
Ano2011
Volume17
Fascículo2
Páginas119-131
Data de publicação2011-06-01
Peer ReviewedSim
Open AccessNão
TipoARTICLE
PeriódicoContemporary Politics (JOURNAL)
Identificadores do periódicoISSN: 1356-9775 • E-ISSN: 1469-3631
EditoraInforma UK Limited (PUBLISHER • GB)
DOI10.1080/13569775.2011.565979
OpenAlexW2081729540
IdiomaEN
Citações recebidas2
Referências citadas6

The global financial crisis that started in the summer of 2007 is one of the most significant events to have affected the world order since the end of the Cold War. It has stimulated debate in developed countries about how global finance should be regulated to ensure the fairness of individual transactions and the stability of the financial system, and in some places, about the proper place of finance in society. Things have been different in East Asia where resilience and continuity are characteristic of the impact and response to financial volatility. The development of financial disintermediation, characterized by the emergence and growing role of securities markets, and the changing identity of banks, has continued largely unaffected in the region. The article argues three distinct phenomena have combined to produce this outcome

Business · Capital market · Disintermediation · Economics · Financial crisis · Financial market · Financial stability · Financial system · Geography of finance · Macroeconomics · Order (exchange · Psychological resilience · Volatility (finance · Banking stability, regulation, efficiency · Global Financial Crisis and Policies · State Capitalism and Financial Governance · Finance