Faithin Omaha eBook Collection

Download or read book Financing Capital Market Intermediaries in East and Southeast Asia written by Hal Scott and published by Springer. This book was released on 1996 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: Scholars and financiers from Japan, Britain, and the US provide a public policy perspective on how stock brokers, underwriters, dealers, and other intermediaries fund their capital market operations in eight quickly growing countries. They explain that though uncertainty rose in the 1980's about the self-funding ability of securities firms in the major world financial markets, the concern did not extend to Asia because the demand for funding was low and the supply constrained. They warn government policy makers however that the forces limiting demand are about to change. Their account is analytic and comparative rather than purely descriptive. Annotation copyright by Book News, Inc., Portland, OR