Data shows that Emerging Asia relies less on bonds and more on banks than developed countries. What costs, if any, do Asian countries incur as a result of their heavy dependence on bank finance and the underdevelopment of their bond market? Barry Eichengreen addresses the questions: what benefits will flow from better bond markets and will initiatives now being taken be adequate for achieving this end.
| ISBN: | 9789812302717 |
| Publication date: | 30th September 2004 |
| Author: | Barry J Eichengreen |
| Publisher: | Institute of Southeast Asian Studies |
| Format: | Paperback |
| Pagination: | 44 pages |
| Genres: |
Development economics and emerging economies |