Abstract
This paper discusses the causes and lessons learned from the 2008 global financial crisis (GFC); the financial reform process after the GFC, related issues, and debates; and the strengths, weaknesses, and challenges for Asian financial systems and the implications for emerging Asian economies.
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Notes
- 1.
IMF took various burden-sharing measures, including: introduction of International Financial Transaction Tax, Windfall Tax, Capital/Liquidity Insurance Fee, etc.
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Park, JH. (2014). Asian Perspectives for Financial Regulatory Reforms after the Asian Financial Crisis. In: Callaghan, M., Ghate, C., Pickford, S., Rathinam, F. (eds) Global Cooperation Among G20 Countries. Springer, New Delhi. https://doi.org/10.1007/978-81-322-1659-9_12
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