Implications of the Global Financial Crisis for Financial Reform and Regulation in Asia
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Implications of the Global Financial Crisis for Financial Reform and Regulation in Asia

Edited by Masahiro Kawai, David G. Mayes and Peter Morgan

In light of the experience of the global financial crisis, this book develops concrete recommendations for financial sector reform and regulation in Asian economies aimed at preventing the recurrence of systemic financial crises, improving the ability to manage and resolve crises, managing capital flows and promoting the development of Asian bond markets.
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Chapter 10: The Role of the State in Managing and Forestalling Systemic Financial Crises: Some Issues and Perspectives

Charles Adams

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10. The role of the state in managing and forestalling systemic financial crises: some issues and perspectives Charles Adams1 10.1 INTRODUCTION This chapter reviews recent state interventions in financial crises, with particular emphasis on the As...

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