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Regulation Issues in The Era of Financial Liberalization : Japan, Korea, and Taiwan
Oleh:
Kishi, Masumi
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
Journal of Asian Economics vol. 7 no. 3 (1996)
,
page 487-502.
Topik:
REGULATION
;
regulation issues
;
financial liberalization
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
JJ50.1
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
This paper reviews the regulation issues in the era of financial market liberalization, especially as they relate to the developments in Japan, Korea and Taiwan over the recent decades. Liberalization of financial markets following the experiences of the 1970s and 1980s when much regulation was in place in support of the policy of an accelerated economic growth by targeted / planned development of heavy and chemical industries is very much welcome. However, it is argued here that liberalization of the financial markets can be effective only by a policy of collaboration between the private sector and the government. The development of an infrastructure to that end is in order, and prudent regulation to control any and all counter - productive practices in the financial markets is strongly recommended JEL G28, 053
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