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Emerging markets need to balance the goals of financial development and broader financial inclusion with the imperative of strengthening macroeconomic and financial stability. The third in a series on emerging markets, this title develops new analytical frameworks and provides policy prescriptions for how the frameworks should be adapted to a world of more free and more volatile capital.

Produktbeschreibung
Emerging markets need to balance the goals of financial development and broader financial inclusion with the imperative of strengthening macroeconomic and financial stability. The third in a series on emerging markets, this title develops new analytical frameworks and provides policy prescriptions for how the frameworks should be adapted to a world of more free and more volatile capital.
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Autorenporträt
"Masahiro Kawai is dean and CEO of the Asian Development Bank Institute. Before joining ADBI, he served as head of the bank's Office of Regional Economic Integration. He was a professor at the University of Tokyo's Institute of Social Science and, from 1998 to 2001, was chief economist for the World Bank's East Asia and the Pacific Region.Eswar S. Prasad holds the New Century Chair in International Economics at Brookings. He is the Tolani Senior Professor of Trade Policy at Cornell University and a research associate at the National Bureau of Economic Research. He was previously head of the Financial Studies Division and the China Division at the IMF. They are also the editors of the first two series volumes, Financial Market Regulation and Reforms in Emerging Markets and Asian Perspectives on Financial Sector Reforms and Regulation."