Development and Financial Integration in Asia (Spanish)

Boletín Económico de ICE, No. 2937

14 Pages Posted: 22 Aug 2009

Date Written: May 1, 2008

Abstract

Asian countries are a clear example of how a developed financial system can help economic growth, soften the economic cycles and even contribute to reduce the desequilibriums of these economies, their high current account surpluses. This article analyses the evolution and development of the asian financial system and compares the main indicators of depth, solvency and profitability with the one registered in other countries. Moreover, it briefly describes some coordinated actions that are being taken to prompt the integration of the financial markets. (in Spanish)

Keywords: finantial development, finantial integration, Asia

JEL Classification: F36, G1, G2

Suggested Citation

Garcia-Herrero, Alicia and Prades Illanes, Elvira, Development and Financial Integration in Asia (Spanish) (May 1, 2008). Boletín Económico de ICE, No. 2937. Available at SSRN: https://ssrn.com/abstract=1458328 or http://dx.doi.org/10.2139/ssrn.1458328

BBVA Research ( email )

C/ Azul,4. Edificio La Vela. Planta 4
Madrid, 28050
Spain

Bruegel ( email )

Rue de la Charité 33
B-1210 Brussels Belgium, 1210
Belgium

Elvira Prades Illanes

Banco de España ( email )

Alcala 50
Madrid 28014
Spain

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