The impact of technology on financial development in East Asia.

Part of a special section on technology and international policy in the information age. The writer discusses the effect of technology on East Asia's financial development. He discusses technology innovation in East Asia; the growth of financial flows in East Asia and the need for transparency and...

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Publicado en:Journal of International Affairs Vol. 51; no. 2; pp. 539 - 554
Autor principal: Yam, Joseph
Formato: Artículo
Publicado: Journal of International Affairs Spring 1998
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        Electronic commerce
        Finance
        East Asia
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          East Asia
          Electronic commerce
          Finance
      keyword: Information technology -- East Asia
      ab: Part of a special section on technology and international policy in the information age. The writer discusses the effect of technology on East Asia's financial development. He discusses technology innovation in East Asia; the growth of financial flows in East Asia and the need for transparency and a sound regulatory infrastructure in Asian financial markets; regional development of electronic payment systems; linkage between payment systems and other clearing and settlement systems; the creation of an Asian Monetary Network, which is a conceptual network that would permit participants to communicate simultaneously, stay well informed of market developments, and discuss and respond to emergencies; the regional linkage of payment and settlement systems and the development of AsiaClear—the concept of linking Asian debt clearing and settlement systems—as important first steps toward the creation of a viable Asian Monetary Network; and the importance of market infrastructure to support financial integration.
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