Development and Financial Integration in Asia (Spanish)

Boletín Económico de ICE, No. 2937

14 Pages Posted: 22 Aug 2009

Date Written: May 1, 2008


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: or

BBVA Research ( email )

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

Bruegel ( email )

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

Elvira Prades Illanes

Banco de España ( email )

Alcala 50
Madrid 28014

Register to save articles to
your library


Paper statistics

Abstract Views
PlumX Metrics