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Asia-Pacific Financial Deregulation Value at Risk Yet they did not simply

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Yet they did not simply stand by on the sidelines

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Stephen Mumford

like Alice Walker's meditation on the beauty of growing old

Asia-Pacific Financial Deregulation Value at Risk Yet they did not simplyRecent events in East Asia have highlighted the risks of volatility and contagion in a financially integrated world. Countries in the region had been at the forefront of the movement towards increased integration but the crisis that struck Thailand in July 1997, and the rapidity with which it spread to other East Asian nations, suggested that all was not well. Weaknesses in domestic financial intermediation, poor corporate governance and deficient

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