Abstract

1. Introduction: Financial development in Asia-work in progress, Wendy Dobson and Edward K.Y. Chen 2. Financial development and economic growth: the long view, Barry Eichengreen 3. Is Basel III enough for macroprudential policy in Asia and the Pacific?, Robert N. McCauley 4. Capital market development in the Asia-Pacific region, Andrew Sheng 5. Monetary policy in Asia and the Pacific in the post-, post-crisis era, Hiro Ito 6. The Chiang Mai Initiative and the future of East Asian regional macroeconomic and financial cooperation, Reza Y. Siregar and Keita Miyaki 7. Financial development in Asia: beyond aggregate indicators, Tatiana Didier and Sergio L. Schmukler 8. China's capital account liberalization, Yu Yongding 9. Use of national currencies for trade settlement in East Asia: a proposal, Il Houng Lee and Yung Chul Park

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