02055cam a2200253 i 4500008004100000020001800041040000800059050002400067245013600091260007700227300001900304500001700323505001700340520105900357650001901416650002801435651004501463700004401508700003701552900001501589942001301604999001901617952016501636150114s2015 dcua b 001 0 eng c a9780881326994 aSDU00aHG187.A2bF931 201500aFrom stress to growth :bstrengthening Asia's financial systems in a post-crisis world /cMarcus Noland and Donghyun Park, editors. aWashington, DC : bPeterson Institute for International Economics,c2015 a386 p. :bill. a"June 2015."0 aHKBU Library a"Asian financial systems, which serve the most economically dynamic region of the world, survived the global economic crisis of the last several years. In this book scholars argue in separate essays that Asian systems must strengthen their quality, diversity, and resilience to future shocks in order to deliver growth in coming years. The book examines such phenomena as the dominance of state-owned banks, the growth of nonbank lending (the so-called shadow banks), and the need to develop local bond markets, new financial centers, and stronger supervisory tools to prevent dangerous real estate asset bubbles. China's large financial system is discussed at length, with emphasis on concerns that China's system has grown too fast, that it is overly tilted toward corporate borrowing, and that state domination has led to overly easy credit to state-owned actors. Asia needs investment to improve its infrastructure and carry out technological innovation, but the book argues that the region's financial systems face challenges in meeting that need"-- 0aFinancezAsia. 0aFinancial criseszAsia. 0aAsiaxEconomic conditionsy21st century.1 aNoland, Marcus,d1959-eeditor.91875291 aPark, Donghyun,eeditor.9187530 a = C.1 SDU cGBE2lcc c102366d102366 00102lcc406HG0187 A2 F931 02015708CGB9280732aSDUbSDUcGEN3d2025-09-05e2l0oHG187.A2 F931 2015p1000373528r2025-09-05 00:00:00tC.1w2025-09-05yGBE