ABSTRACT

The Routledge Handbook of Banking and Finance in Asia brings together leading scholars, policymakers, and practitioners to provide a comprehensive and cutting-edge guide to Asia’s financial institutions, markets, and systems.

Part I provides a country-by-country overview of banking and finance in East, Southeast, and South Asia, including examples from China, Japan, Hong Kong, India, and Singapore.

Part II contains thematic chapters, covering topics such as commercial banking, development banking, infrastructure finance, stock markets, insurance, and sovereign wealth funds. It also includes examinations of banking regulation and supervision, and analyses of macroprudential regulation, capital flow management measures, and monetary policy. Finally, it provides new insights into topical issues such as SME, green, and Islamic finance.

This handbook is an essential resource for scholars and students of Asian economics and finance and for professionals working in financial markets in Asia.

chapter 1|11 pages

Introduction

Characteristics of Asian financial systems in comparative perspective
ByPeter J. Morgan, Ulrich Volz, Naoyuki Yoshino

part Part I|210 pages

Country chapters

chapter 3|15 pages

Financial sector in Hong Kong, China

ByAndrew Sheng

chapter 4|22 pages

Indian financial sector

Structure, trends, and turns
ByRakesh Mohan, Partha Ray

chapter 5|13 pages

Development and shortcomings of Indonesia’s financial sector

ByIwan J. Azis

chapter 6|17 pages

Japan’s financial system and its challenges

ByNaoyuki Yoshino, Shinichi Nakabayashi, Peter J. Morgan

chapter 7|15 pages

Banking and finance in the Republic of Korea

ByKiseok Hong, Jong-Wha Lee

chapter 8|24 pages

Financial system in Malaysia

BySukudhew Singh

chapter 9|20 pages

The Philippine financial system

Developments, challenges, and opportunities
ByNestor Aldave Espenilla

chapter 10|14 pages

Financial sector in Singapore

ByHwee Kwan Chow, Sai Fan Pei

chapter 11|22 pages

Banking and finance in Thailand

ByYothin Jinjarak, Ulrich Volz

chapter 12|22 pages

The financial economy of Viet Nam in an age of reform, 1986–2016

ByQuan-Hoang Vuong

part Part II|148 pages

Thematic chapters

chapter 13|20 pages

Commercial banking in Asia

ByIlhyock Shim

chapter 14|20 pages

Development banks in Asia

Magic bullets that invariably disappoint
ByVikram Nehru

chapter 15|20 pages

Developing local currency bond markets in Asia

ByCyn-Young Park

chapter 16|15 pages

Asian stock markets

ByJonathan A. Batten, Igor Lončarski, Péter G. Szilágyi

chapter 17|17 pages

Institutional investors and sovereign wealth funds in Asia

ByChoong Lyol Lee

chapter 18|20 pages

Insurance markets in Asia

ByW. Jean J. Kwon

chapter 19|16 pages

Infrastructure finance of Asia

ByShubhomoy Ray

chapter 20|18 pages

Financial inclusion in Asia

ByPeter J. Morgan

chapter 21|15 pages

Remedies for mitigating Asian SMEs’ access-to-finance difficulties

ByNaoyuki Yoshino, Farhad Taghizadeh-Hesary

chapter 22|24 pages

Monetary policy and central banking in Asia

ByTakatoshi Ito

chapter 23|18 pages

Macroprudential regulation and capital flow management measures in Asia

ByPornpinun Chantapacdepong

chapter 24|26 pages

Capital flows and exchange rate policies

ByJoshua Aizenman, Hiro Ito

chapter 25|15 pages

Financial integration in Asia

ByHans Genberg

chapter 26|19 pages

Banking regulation and supervision in Asia

ByMichael J. Zamorski

chapter 27|17 pages

Fostering green finance for sustainable development in Asia

ByUlrich Volz

chapter 28|14 pages

An overview of Islamic banking and finance in Asia

ByAkbar Komijani, Farhad Taghizadeh-Hesary