Financial Integration and Macrofinancial Linkages in Asia
Download or Read eBook Financial Integration and Macrofinancial Linkages in Asia PDF written by Asian Development Bank and published by Asian Development Bank. This book was released on 2020-10-01 with total page 120 pages. Available in PDF, EPUB and Kindle.
Author | : Asian Development Bank |
Publisher | : Asian Development Bank |
Total Pages | : 120 |
Release | : 2020-10-01 |
ISBN-10 | : 9789292624194 |
ISBN-13 | : 9292624199 |
Rating | : 4/5 (94 Downloads) |
Book Synopsis Financial Integration and Macrofinancial Linkages in Asia by : Asian Development Bank
Book excerpt: The Asian financial landscape has grown more interconnected over the past 2 decades. Previous financial crises have shown how financial volatility can transmit rapidly across an interconnected financial network. Empirical analyses have shown, moreover, how financial volatility can reverberate across the macroeconomy. This report summarizes the lessons from past crises, reviews the evidence of the macrofinancial linkages and feedback effects of financial distress, and proposes policy considerations and coordinated responses to enhance financial stability and resilience.