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https://tkuir.lib.tku.edu.tw/dspace/handle/987654321/80282
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Title: | Economic growth and financial innovations in Asia: the practical implications |
Authors: | Hsieh, Yun Joyce;Nieh, Chien-Chung |
Contributors: | 淡江大學國際企業學系 |
Keywords: | Financial Innovations |
Date: | 2010-11 |
Issue Date: | 2013-01-21 13:19:48 (UTC+8) |
Publisher: | Canberra: The Australian National University |
Abstract: | This study overviews the development of 11 Asian equity markets, namely, China, Hong Kong, India, Indonesia, Japan, Korea, Malaysia, Philippines, Singapore, Taiwan, and Thailand. Prior to the onset of the global financial crisis, the Asian stock exchanges were generally bullish, underpinned particularly by China's robust economic performance. Innovations in financial products and services have been growing in importance, as stock exchanges in these countries have been making a concerted effort to introduce new features and best practices, with the objectives of raising market efficiency, enhancing service quality, and generally bringing operations up to par with international standards. But the potential to realize or support market efficiency can only be possible within an adequate legal framework, a sound market infrastructure, and appropriate corporate governance mechanisms. Thus, many challenges are still to be overcome in the region. |
Relation: | Asian-Pacific Economic Literature, Policy Brief 27, pp.1-4 |
Appears in Collections: | [國際企業學系暨研究所] 期刊論文
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Economic growth and financial innovations in Asia: the practical implications.pdf | 敘述性文章 | 105Kb | Adobe PDF | 420 | View/Open |
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