Finance, Governance and Economic Performance in Pacific and South East Asia

Product DescriptionFinance, Governance and Economic Performance in Pacific and South East Asia focuses on key aspects of government policy, financial systems and their links to the economic miracle in Pacific and South East Asia. It also considers the financial crises that have affected those economies and their economic progress. The contributors examine the success of governance in the form of government involvement with the macroeconomy and with the deregulation of markets. Attention is drawn not only to the need for further liberalisation, but also the need to introduce regulatory structures to produce orderly markets.The book includes contributions on financial market opening in developing countries, the impact of FDI on the economic growth of the ASEAN economies, governance, human capital, labour and endogenous growth in Asia Pacific and lessons from the financial crisis as well as an overview of finance, development and growth.This book will be welcomed by those interested in financial economics and reform, the recent Asian crisis, and growth and development in the region.Review'. . . this is an interesting and valuable collection of papers that addresses a highly topical area of research. The quality of writing is high in the main and the econometric methodology and models transparent. The appendices to many of the empirical chapters provide detailed information about data sources as well as model results. The book should be required reading for researchers and graduate students in this field, and the review papers provide valuable teaching material. It will be especially useful for those concerned with the contribution of governance structures to economic performance, financial crises and the still-disputed relationship between growth and financial liberalization.' -- Jenifer Piesse, Asia Pacific Business ReviewAbout the AuthorEdited by D.G. Dickinson, Director of Money, Banking and Finance and Senior Lecturer, J.L. Ford, Professor Emeritus, Department of Economics, the late M.J. Fry, formerly Department of Accounting and Finance, Andrew W. Mullineux, The Business School, University of Birmingham and S. Sen, Professor of Development Economics and Head, Department of Economics, University of Birmingham, UK