000			03486nam a22005175i 4500
001			978-4-431-54282-7
003			DE-He213
005			20200420211746.0
007			cr nn 008mamaa
008			130321s2013 ja | s |||| 0|eng d
020			_a9784431542827 _9978-4-431-54282-7
024	7		_a10.1007/978-4-431-54282-7 _2doi
050		4	_aHC241
072		7	_aKCS _2bicssc
072		7	_aJPSN2 _2bicssc
072		7	_aBUS069020 _2bisacsh
072		7	_aHIS010000 _2bisacsh
082	0	4	_a337.142 _223
245	1	0	_aWho Will Provide the Next Financial Model? _h[electronic resource] : _bAsia's Financial Muscle and Europe's Financial Maturity / _cedited by Sahoko Kaji, Eiji Ogawa.
264		1	_aTokyo : _bSpringer Japan : _bImprint: Springer, _c2013.
300			_aXIX, 291 p. _bonline resource.
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
347			_atext file _bPDF _2rda
520			_aDuring the past 4 years, faith in the present financial model has been shaken in terms of policy, regulation, the financial sector itself, and exchange-rate regimes. Past and present policies of the world's most respected central banks have come under fire. Regulations that defined the system have undergone major reviews. Complicated financial instruments that provided new ways of financial intermediation have been exposed as culprits behind the financial meltdown. After 10 years of success, Europe's single currency is under threat. In short, the established financial model not only has been unable to prevent the crisis but, arguably, has been a cause of it. There is no longer one obvious model that meets all needs. The burst of Japan's bubble was followed by two "lost decades". Before a contrite Japan completely adopted Western ways of finance, the "Lehman shock" hit, followed by the euro crisis. Monetary policy, financial regulation and the state of the financial sector all must be reconsidered. Currencies and exchange rates make up another important aspect of finance. If the Western model of finance is discredited, does that mean the dominance of Western currencies is also eroded? What does the crisis in the euro area tell us about exchange rate regimes in general? Clearly, a new model is needed, one that is conducive to both stability and prosperity. But who will provide it? This volume records the cumulative results of three EU Studies Institute (EUSI) conferences that have addressed these issues, and examines how Asia and Europe compare in the quest for the next financial model. While many books on Europe and Asia focus on integration and what Asia can learn from Europe, this book emphasizes mutual lessons in the common search for a new model.
650		0	_aInternational economics.
650		0	_aEuropean Economic Community literature.
650		0	_aEconomic growth.
650		0	_aRegional economics.
650		0	_aSpatial economics.
650	1	4	_aEconomics.
650	2	4	_aEuropean Integration.
650	2	4	_aInternational Economics.
650	2	4	_aRegional/Spatial Science.
650	2	4	_aEconomic Growth.
700	1		_aKaji, Sahoko. _eeditor.
700	1		_aOgawa, Eiji. _eeditor.
710	2		_aSpringerLink (Online service)
773	0		_tSpringer eBooks
776	0	8	_iPrinted edition: _z9784431542810
856	4	0	_uhttp://dx.doi.org/10.1007/978-4-431-54282-7
912			_aZDB-2-SBE
942			_cEBK
999			_c50961 _d50961