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Strengthening Asia's Financial Safety Net

Asian Development Bank (author)

ISBN: 9789292619084

Publication Date: Dec 2019

Format: Paperback

Examines how financing arrangements have evolved in Asia to help safeguard the region from financial crises. The report examines the evolution and the toolkits of regional financing arrangements and assesses the Asian Development Bank's role in providing crisis response mechanisms through its policy-based lending facilities.
£17.50

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This report examines how financing arrangements have evolved in Asia to help safeguard the region from financial crises.

The 1997–1998 Asian financial crisis and the 2007–2008 global financial crisis highlighted the need for global and regional financial safety nets to safeguard financial stability and enhance resilience to future crises. Over the past decade, Asian economies have made progress in establishing financing arrangements to strengthen the region's financial safety net. These arrangements have enhanced regional macroeconomic and financial surveillance, strengthened crisis management, and bolstered cooperation for financial stability and resilience. The report examines the evolution and the toolkits of regional financing arrangements and assesses the Asian Development Bank's role in providing crisis response mechanisms through its policy-based lending facilities.
Pages 44
Dimensions 279 x 216
Date Published 30 Dec 2019
Publisher Asian Development Bank
Subject/s Financial crises & disasters   Economic theory & philosophy   Development economics   Development studies   Public finance  

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