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Banking and Economic Rent in Asia: Rent Effects, Financial Fragility, and Economic Development

By Yasushi Suzuki (Editor), Mohammad Dulal Miah (Editor), Manjula K. Wanniarachchige (Editor), S.M. Sohrab Uddin (Editor)
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$62.99
By Yasushi Suzuki (Editor), Mohammad Dulal Miah (Editor), Manjula K. Wanniarachchige (Editor), S.M. Sohrab Uddin (Editor)
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A stable and sound financial system plays a critical role in mediating funds from surplus units to investors, making it a prerequisite for economic development. Financial intermediaries have been vulnerable to adverse changes in the local and global economy and experienced frequent bubble-and-bust episodes historically. Analyses of financial crises reveal that the incentive created by neo-liberal financial principles is inconsistent with stable financial systems, and viable solutions requir...

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