Author: | Caplen, B. |
Title: | Bulls, bears and tigers |
Journal: | Euromoney
1996 : MAY, 5, p. 32-33 |
Index terms: | MONEY ASIA CAPITAL MARKETS |
Language: | eng |
Abstract: | Asia's capital markets are springing into life. With the era of cheap finance over, growth depends on the efficient channeling of savings into investment. When this is achieved, the Asian manufacturing tigers will underpin a vast, regionally integrated financial market. But with governments trying to protect many different interest groups, expect bears to join the bulls of the new financial era. Asian governments are fast realizing that if bullish predictions of the region's growth rates are to materialize, financial deregulation is of paramount importance. |
SCIMA