Abstract
The post-crisis reform period in Asia has been characterized by an emphasis on the prudential regulation of banks, concomitant with an increased liberalization of the banking systems. More specifically while large-scale bank restructuring programmes and tighter prudential rules were put in place in those countries most affected by the 1997 crisis (e.g., Thailand, Indonesia and the Philippines), other countries, such as China, India and Vietnam, saw an acceleration of financial liberalization over the same time period. This process resulted in substantial changes in market structure, deriving both from greater foreign presence and from increased privatization across the region.
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© 2014 Bimei Deng, Barbara Casu and Alessandra Ferrari
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Deng, B., Casu, B., Ferrari, A. (2014). The Impact of Deregulation and Re-regulation on Bank Efficiency: Evidence from Asia. In: Lindblom, T., Sjögren, S., Willesson, M. (eds) Governance, Regulation and Bank Stability. Palgrave Macmillan Studies in Banking and Financial Institutions. Palgrave Macmillan, London. https://doi.org/10.1057/9781137413543_6
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DOI: https://doi.org/10.1057/9781137413543_6
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