ASIA AND THE SUBPRIME CRISIS: LIFTING THE VEIL ON THE FINANCIAL TSUNAM CHI LO / TSUNAMI Księgarnia

This is the first book that puts together Asia - in particular China - and the developed world in the subprime crisis context.
Its integrated approach uses both macro (systemic) and micro (corporate) analysis to draw valuable lessons from the catastrophe.

This is not a normal crisis. World growth may experience a structural downward shift for the next decade. Asia's export-led growth model is shattered, and has not changed fast enough to take on the new post-subprime paradigm. China is liberalizing its insurance sector (seen as the 'goldmine' in the future of world financial development) and trying to develop financial derivatives for insurance products.

The author uses a critical approach, questioning conventional wisdom at times, to assess the subprime crisis's causes and impact and debunk misconceptions. Cutting through hype and bias, he discusses Asia's contribution to the root of the crisis, traces the regulatory and policy lessons to be learned and predicts the economic and financial aftermath. Combining research thoughts, data, facts and economic logic with real world examples and anecdotes to elaborate on the arguments, this thought-provoking book lifts the veil on the 'financial tsunami' to expose Asia's economic life in the post-subprime world.

CHI LO is an economic strategist and head of investment research at a major asset management company based in Hong Kong. His previous roles include China Director Research at HSBC, Asian Chief Economist at Standard Chartered Bank, Economic Advisor at the Canadian Deposit Insurance Corporation, and senior research positions at blue chip investment banks and regulatory bodies in North America, the UK and Asia. In 2000 and 2006, he was enlisted as a member of the International Who's Who Professionals. Mr Lo has written several books on Asian and Chinese economic transformation and highly acclaimed research publications in international media and periodicals. He has taught applied economics, macroeconomics and banking and finance at various universities in Asia and North America, and at international seminars such as the Asian Development Bank and United Nations conferences.

Table of Contents

List of Illustrations
Preface
Acknowledgements
Introduction
The Basics of the 'Financial Tsunami'
The Asian Relevance to the Sub-prime Crisis
The subprime Impact on China
Macroeconomic Implications and China
Regulatory Lessons from the Rescue Efforts
What Can We Learn from AIG's Collapse?
Different lessons from Lehman Brothers and Fortis
Quantitative Easing, A Subprime Antidote?
Life After Subprime
China After Subprime
Bibliography
Index

144 pages, Harcover

Po otrzymaniu zamówienia poinformujemy,
czy wybrany tytuł polskojęzyczny lub anglojęzyczny jest aktualnie na półce księgarni.