Asia's Debt Capital Markets: Prospects and Strategies for Development / Edition 1

Asia's Debt Capital Markets: Prospects and Strategies for Development / Edition 1

by Douglas W. Arner
     
 

This volume comprises studies by leading research scholars in the United States and Asia on Asia's debt capital markets. They assess the risks and opportunities, and strategies for developing these markets. The authors adopt a multidisciplinary approach, encompassing economics, finance and law, in the context of market practices for promoting well-functioning

See more details below

Overview

This volume comprises studies by leading research scholars in the United States and Asia on Asia's debt capital markets. They assess the risks and opportunities, and strategies for developing these markets. The authors adopt a multidisciplinary approach, encompassing economics, finance and law, in the context of market practices for promoting well-functioning securities markets. The motivation for the articles is the fact that eight years of post-crisis discussion has not yet resulted in sufficient actions to broaden and deepen debt capital markets. Yet the role and value of such markets for economic growth and development is undisputed. The articles in this book make an important contribution in identifying obstacles to reform as well as in proposing ways to develop debt capital markets.

Product Details

ISBN-13:
9780387250892
Publisher:
Springer New York
Publication date:
07/20/2006
Series:
Milken Institute Series on Financial Innovation and Economic Growth, #6
Edition description:
2006
Pages:
322
Product dimensions:
9.21(w) x 6.14(h) x 0.75(d)

Table of Contents

Preface : the development of effective securities markets
Ch. 1Opportunities and challenges in Asian bond markets11
Ch. 2Developing Asian bond markets using securitization and credit guarantees33
Ch. 3Contemporary markets for Asian debt capital market instruments57
Ch. 4Institutional reform and economic development119
Ch. 5Reforming China's bond markets : development prospects and the effects of corporate behavior143
Ch. 6Improving the policy environment for private sector participation in the development of local currency and regional bond markets in APEC : report of a financial sector survey173
Ch. 7Essential changes in national law and regulation : impediments to cross-border investment in Asian bond markets207
Ch. 8Policy concerns and the value of regional markets243
Ch. 9Promoting market development with structured finance and regional credit enhancement269
Ch. 10Building a settlement infrastructure for the Asian bond markets : Asiasettle291

Read More

Customer Reviews

Average Review:

Write a Review

and post it to your social network

     

Most Helpful Customer Reviews

See all customer reviews >