Detail The Evolution of Commercial Banking and Financial Markets in Taiwan   Oleh:  Yu, Tzong-Shian Jenis: Article from Bulletin/Magazine Dalam koleksi: Journal of Asian Economics vol. 10 no. 2 (1999), page 291-308. Topik: commercial banking; commercial banking; financial markets Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: JJ50.4 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel Over the past five decades, Taiwan has achieved rapid economic development. Correspondingly, Taiwan’s financial system has been gradually transformed from a controlled system into a liberalized one, from a state banking system into a private banking one, and from an inward investment system into an outward investment one. In the financial market, the interest rate and foreign exchange rate have always been completely determined by market forces. As for capital movements, there are no controls on trade - related capital transactions. Only inward investment in stock markets is still subject to a ceiling imposed by the Central Bank. Financial institutions are gradually being liberalized, although the process is rather slow. Many private banks have been established since 1991, creating a competitive situation in the banking sector. Since the financial crisis broke out in East Asia, Taiwan has suffered less from its impact because its economic fundamentals are comparatively sound. However, it will still take a considerable amount of time before Taiwan’s financial system is fully liberalized. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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