From Asian to Global Financial Crisis: An Asian Regulator’s View of Unfettered Finance in the 1990s and 2000s

From Asian to Global Financial Crisis: An Asian Regulator's View of Unfettered Finance in the 1990s and 2000s
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From Asian to Global Financial Crisis: An Asian Regulator’s View of Unfettered Finance in the 1990s and 2000s Description

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This is a unique view inside the new world of unrestricted funding. The author, a regulator of Asia, given the age of thought, market fundamentalism, loose monetary policy, carry trade, lax supervision, greed, nepotism and financial engineering led to the Asian crisis of the late 1990s and the present global crisis in 2008-2009. This book shows how the Japanese zero interest rate policy to fight deflation helped develop the “carry trade” which generated bubbles in Asia, the effects have economies of Asia down. The study is to show that global finance is so interconnected and interactive, that our current tools and the institutional structure to deal with vital episodes are entirely obsolete. The book explains how the existing economic policy and legislation does not deal with a bubble world and makes recommendations on what requirements to change. From Asian to Global Financial Crisis: An Asian Regulator’s View of Unfettered Finance in the 1990s and 2000s

\n\nFrom Asian to Global Monetary Crisis: An Asian Regulator’s View of Unfettered Finance in the 1990s and 2000s Ebook

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