chapter  13
4 Pages

The future of fi nance in Asia

Our fi nal chapter turns from the present to a brief guess as to Asia’s fi nancial future. How might its possible outcomes compare in fi ve or ten years with fi nancial system architecture and operations in the rest of the world? Will fi nance in Asia continue to differ in style and structure both within the region and from other states, or undergo a convergence in its commercial behaviour, tolerance for risk, and the institutional basis of activity? How will future Asian fi nance compare with the Anglo-American model of fi nancial capitalism that for a generation until 2007-8 dominated the growth of innovation and transaction volumes in global intermediation?