Destructive Creativity of Wall St. and the East Asian Response

Released on by Michael S. H. Heng
preview-18

  • Destructive Creativity of Wall St. and the East Asian Response Book Detail

  • Author : Michael S. H. Heng
  • Release Date : 2009
  • Publisher : World Scientific
  • Genre : Business & Economics
  • Pages : 267
  • ISBN 13 : 9814273783
  • File Size : 86,86 MB
DOWNLOAD BOOK

Destructive Creativity of Wall St. and the East Asian Response by Michael S. H. Heng PDF Summary

Book Description: The current financial crisis provides a valuable occasion for the world to re-examine the grand statements of wisdom which dominate the financial world for a long time. The impact is extremely serious as a result of the convergence of a number of factors such as huge current account deficits of the United States, globalization, deregulation, loose monetary policy, and excessive liquidity. This book seeks to address the critical issues in deregulation, derivatives, leveraging, remuneration systems, and rating agencies. This book will also examine Asia's response and why Asian economies have been less affected by the global financial crisis. Are corporate governance, culture, management styles or even a state-led model the main reasons? Would the Asian sovereign funds help to be the last line of defense against the excesses of the crisis? Is the US$80 billion Asian crisis fund envisaged as the first instance of a coordinated East Asian response to the crisis and would this truly underpin the creation of an East Asian regional order? This book reaffims the need for banks and financial institutions to provide value-adding services, exercise prudence and due diligence and pay due regard for societal interest.

Disclaimer: www.yourbookbest.com does not own Destructive Creativity of Wall St. and the East Asian Response books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

Temporary Economic Crises

Temporary Economic Crises

File Size : 88,88 MB
Total View : 6841 Views
DOWNLOAD

In traditional theory of economic crisis, and in all its manifestations, there is no fundamental difference between economic disorder and economic crisis: the t