This paper documents the major trends in financial development in Asia since the early 1990s and the spillovers to firms. It compares Asia with advanced and emerging countries and uses both aggregate and disaggregate indicators. Financial systems in Asia remain less developed than in advanced countries but more developed than in Eastern Europe and Latin America. Bond and stock markets play a larger role and institutional investors have gained importance...
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详细
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2014/01/01
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政策研究报告
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WPS6761
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1
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1
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2014/01/01
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Disclosed
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Financial development in Asia : beyond aggregate indicators
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asian countries