TY - BOOK AU - Arner,Douglas AU - Lejot,Paul AU - Rhee,S.Ghon AU - Young,Soogil TI - Impediments to Cross-Border Investments in Asian Bonds SN - 9789812303615 AV - HG5993 U1 - 332.64 PY - 2006///] CY - Singapore : PB - ISEAS Publishing, KW - Bond market KW - Asia KW - Bonds KW - Capital movements KW - Corporate debt KW - BUSINESS & ECONOMICS / Investments & Securities / Bonds KW - bisacsh N1 - Frontmatter --; Contents --; List of Tables --; List of Figures --; List of Legal & Fiscal Impediments --; Regulatory & Systemic Impediments --; List of Abbreviations --; Foreword --; Executive Summary --; 1. INTRODUCTION --; 2. AN OVERVIEW OF ASIAN BOND MARKETS --; 3. INTER- AND INTRA-REGIONAL CAPITAL FLOWS --; 4. IMPEDIMENTS TO CROSS-BORDER DEBT MARKET ACTIVITY --; 5. POLICY IMPLICATIONS --; Notes to Chapters 1–5 --; Notes to Chapters 1–5 --; ABOUT THE AUTHORS; restricted access N2 - Following the Asian financial crisis, the development of local currency bond markets in each of the APEC economies as well as regional bond markets has received the highest priority among financial market policy-makers. Bond markets are considered as an alternative vehicle for domestic savings mobilization and also as a critical means of mitigating the dual mismatch problems of currency and maturity. However, tangible achievements have yet to materialize. The appeal of Asian bonds as evidenced by cross-border investments is dismally insignificant. Given the limited level of market activities associated with foreign investment in Asian bonds and with the supply of local currency or foreign currency denominated bonds issued by foreign borrowers in Asia, this study is designed to identify the types of impediments to cross-border investment in Asian bonds and to propose policy recommendations UR - https://doi.org/10.1355/9789812306432 UR - https://www.degruyter.com/isbn/9789812306432 UR - https://www.degruyter.com/document/cover/isbn/9789812306432/original ER -