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Financial Centers in East Asia: An Indonesian Perspective

In: A New Financial Market Structure for East Asia

Author

Listed:
  • Titik Anas
  • Raymond Atje
  • Mari Pangestu

Abstract

This book contends that the East Asian financial constitution lacks an appropriate infrastructure, resulting in inefficient allocation of high savings and an over-inflated short-term debt market. It goes on to point out that despite high savings, East Asia’s dependency on financial centers outside the region is also relatively high, and that there is no strong region-wide network to connect various financial centers in East Asia.

Suggested Citation

  • Titik Anas & Raymond Atje & Mari Pangestu, 2005. "Financial Centers in East Asia: An Indonesian Perspective," Chapters, in: Yung Chul Park & Takatoshi Ito & Yunjong Wang (ed.), A New Financial Market Structure for East Asia, chapter 13, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:3528_13
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    Keywords

    Asian Studies; Economics and Finance;

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