The Asian financial landscape has become more interconnected over the past 2 decades. Previous financial crises have proven how volatility can transmit rapidly across an interconnected financial network. Moreover, empirical analyses have shown how it can reverberate across the macroeconomy. With a summary of lessons from past financial crises, this report also analyzes the impact of deeper financial integration on economic vulnerability.
- ISBN13 9789292624187
- Publish Date 30 January 2021
- Publish Status Active
- Publish Country PH
- Imprint Asian Development Bank
- Format Paperback
- Pages 52
- Language English