New paradigms for financial regulation [[electronic resource] ] : emerging market perspectives / / Masahiro Kawai, Eswar S. Prasad, editors

• Record Nr.: UNINA9910463082603321
• Pubbl/distr/stampa: Tokyo, : Asian Development Bank Institute; Washington, D.C., : Brookings Institution Press, c2013
• ISBN: 1-283-92548-6; 0-8157-2265-6
• Descrizione fisica: 1 online resource (301 p.)
• Altri autori (Persone): KawaiMasahiro <1947->; PrasadEswar
• Disciplina: 332.042; 332.64; 332/.042
• Soggetti: International finance - Government policy; International finance - Law and legislation; Electronic books.
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references and index.
• Nota di contenuto: Front Cover; Title Page; Copyright Information; Table of Contents; Preface; Introduction and Overview; Part One: The Evolving Global Landscape: Implications for Emerging Markets; The Dodd-Frank Act and Basel III: Intentions, Unintended Consequences, and Lessons for Emerging Markets; Global Financial Regulations and the Asian Financial System: Lessons from the Financial Crisis; Part Two: Promoting Financial Development and Inclusion; The Asian Financial System: Development and Challenges; Financial Globalization in Emerging Countries: Diversification versus Offshoring; Part Three: Strengtheing Macroeconomic FrameworksStrengthening Macroeconomic Frameworks: The Indian Experience; The Macroprudential Policy Framework from an Asian Perspective; Emergence in the Postcrisis World: Widening Asymmetries between Advanced and Emerging Economies; Part Four: Developing a Sound Global Regulatory Architecture; The Impact of Changes in the Global ; Financial Regulatory Landscape on Emerging Markets; International Financial Reforms: Capital Standards, Resolution Regimes, and Supervisory Colleges and Their Effect on Emerging Markets; Contributors; Index; Back Cover
• Sommario/riassunto: The global financial crisis has led to a sweeping reevaluation of financial market regulation and macroeconomic policies. Emerging markets need to balance the goals of financial development and broader financial inclusion with the imperative of strengthening macroeconomic and financial stability. The third in a series on emerging markets, New Paradigms for Financial Regulation develops new analytical frameworks and provides policy prescriptions for how the frameworks should be adapted to a world of more free and more volatile capital. This volume provides an overview of the g