In recent years much attention has been given to the unparalleled economic development of East Asia. In The Changing Capital Markets of East Asia the contributors look at the growing sophistication of capital markets in this area and discuss the possible economic and political consequences.The theme of the book is more strategic than technical and the work does not confine itself to a basic market analysis. The Changing Capital Markets of East Asia presents a valuable guide for all those interested in what causes and determines change in the private and public finance spheres.