European University Institute Library

Frontier and developing Asia, the next generation of emerging markets, editor Alfred Schipke

eng

Includes bibliographical references and index

illustrations

index present

non fiction

Frontier and developing Asia

bibliography

892880283

editor Alfred Schipke

the next generation of emerging markets

"While emerging markets have played an important role on the global economic stage for some time and are now a major driver of global growth, a new group of fast-growing low-income countries, sometimes referred to as frontier economies, is receiving increased attention and has become the darling of capital markets. The question is whether these countries will become the next generation of emerging markets and what lessons can be learnt that might be relevant for other low-income countries that want to grow more rapidly and join the group of frontier economies. 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, as well as the risk of a poverty trap and rising income inequality. The book also analyses a number of financial sector and monetary policy framework issues."--, Provided by publisher

Introduction -- 1. The Growing Importance of Frontier and Developing Asia / Alfred Schipke -- 2. Lessons from the Experience of Emerging Markets / Itai Agur, Mangal Goswami, Shinichi Nakabayashi, and Sunil Sharma -- Transforming Economies and Growth -- 3. Diversification, Growth and Volatility / Chris Papageorgiou, Nicola Spatafora, and Ke Wang -- 4. Growth Slowdown: Are Frontier and Developing Asian Countries Different? / Longmei Zhang and Damien Puy -- 5. Achieving Inclusive Growth / Ravi Balakrishnan, Chad Steinberg, and Murtaza Syed -- Strengthening Policy Frameworks -- 6. Financial Sector Deepening and Transformation Era / Dabla-Norris, Yasuhisa Ojima, and Marco Arena -- 7. Addressing Financial Sector Vulnerabilities / Todd Schneider, Faisal Ahmed, Rina Bhattacharya, Sergei Dodzin, Souvik Gupta, Jongsoon Shin, and Xuan Tu -- 8. Capital Markets and Frontier Economies / Nehad Chowdhury, Martin Edmonds, and Chris Walker -- 9. Strengthening the Monetary Policy Framework / Ashvin Ahuja, Nombulelo Duma, Sarwat Jahan, Yasuhisa Ojima, and Alexandra Peter