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Asia as a financial centre — Opportunities and obstacles

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  • Shinichi Yoshikuni

Abstract

While Asia now serves as a provider of savings to the global economy, such savings are managed by US and European financial institutions through their financial markets. Asia should thus become a financial centre by developing its own markets and financial institutions.

Suggested Citation

  • Shinichi Yoshikuni, 2008. "Asia as a financial centre — Opportunities and obstacles," Journal of Asset Management, Palgrave Macmillan, vol. 9(2), pages 80-89, July.
    • Handle: RePEc:pal:assmgt:v:9:y:2008:i:2:d:10.1057_jam.2008.10
    DOI: 10.1057/jam.2008.10
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    References listed on IDEAS

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    1. Guonan Ma & Eli M Remolona, 2005. "Opening markets through a regional bond fund: lessons from ABF2," BIS Quarterly Review, Bank for International Settlements, June.
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    4. Fritz Machlup, 1965. "The Cloakroom Rule of International Reserves: Reserve Creation and Resources Transfer," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 79(3), pages 337-355.
    5. Robert N McCauley, 2003. "Capital flows in East Asia since the 1997 crisis," BIS Quarterly Review, Bank for International Settlements, June.
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