Abstract
The September 2015 issue of the IMF Research Bulletin covers a range of research topics and announcements of interest to those following finance and economics.
The Future of Asian Finance
Edited by Ratna Sahay, Jerald Schiff, Cheng Hoon Lim, Chikahisa Sumi, and James P. Walsh
2015. Paperback ISBN 978-1-49831-719-1. Price: $30
Asia’s financial systems proved resilient to the shocks from the global financial crisis, and growth since then has been strong. But new challenges have emerged in the region’s economies, including demographics and aging, the need to diversify from bank-dominated systems, urbanization and infrastructure, and the rebalancing of economic activity. This book takes stock of how systems in Asia’s advanced and emerging market economies compare with the rest of the world and how reforms to develop equity and bond markets have progressed.
Frontier and Developing Asia: The Next Generation of Emerging Markets
Edited by Alfred Schipke
2015. Paperback ISBN 9781475595512. Price: $25
With a combined population of more than 350 million people, frontier and developing Asia, which includes countries such as Vietnam, Cambodia, and Bangladesh, is located in the world’s fastest-growing region and has favorable demographics. Despite their heterogeneity, the countries share a number of common macroeconomic, financial, and structural challenges. The book addresses issues related to economic growth and structural transformation, financial sector and monetary frameworks, as well as the risk of a poverty trap and rising income inequality.
Indonesia: Sustaining Growth During Global Volatility
Edited by Thomas Rumbaugh
2012. Paperback ISBN 978-1-61635-202-8. Price: $25
Indonesia has developed into an important regional and global economy, as well as an active participant in the G20. The chapters in this book document improvements in Indonesia’s macroeconomic policy, while also clearly laying out an agenda of measures that should be taken to safeguard these gains and further lower vulnerabilities going forward.
“Overall, this book provides a deep and balanced perspective on the Indonesian economy that might help to further enrich the framework of macroeconomic management in Indonesia.” from the Foreword by Dr. Darmin Nasution, Governor, Bank Indonesia
For more information on these titles and other IMF publications, please visit www.imfbookstore.org/rbj
