Asia's Financial Sector Poised to Drive Economic Transformation and Growth
The Future of Asian Finance" is a book that looks at the financial sectors in Asian countries and their role in supporting economic growth. The researchers found that Asian financial sectors are important for mobilizing savings, financing investments, and deepening capital markets. Despite facing challenges like shifting demographics and weaker external demand, Asian banks have been resilient during crises due to strong regulations and policies. The book suggests that Asian financial sectors need to address vulnerabilities to continue supporting growth in the region.