chapter  9
12 Pages

Emerging Trends in Asian Financial Markets: Evidences from Malaysia

A well-diversified and competitive financial market system is vital for long-term economic growth and development to ensure that risks in the economy are well distributed among the various subsectors. In the new millennium, the future of the financial market lies in its ability to create dynamic financial players who are able to support the domestic economy and, more important, are increasingly more efficient, competitive, sound, stable, and capable of facilitating the economic transformation process.