Edited by D.G. Dickinson, Director of Money, Banking and Finance and Senior Lecturer, J.L. Ford, Professor Emeritus, Department of Economics, the late M.J. Fry, formerly Department of Accounting and Finance, Andrew W. Mullineux, The Business School, University of Birmingham and S. Sen, Professor of Development Economics and Head, Department of Economics, University of Birmingham, UK

'. . . this is an interesting and valuable collection of papers that addresses a highly topical area of research. The quality of writing is high in the main and the econometric methodology and models transparent. The appendices to many of the empirical chapters provide detailed information about data sources as well as model results. The book should be required reading for researchers and graduate students in this field, and the review papers provide valuable teaching material. It will be especially useful for those concerned with the contribution of governance structures to economic performance, financial crises and the still-disputed relationship between growth and financial liberalization.'

• Contents: 1. Introduction 2. Finance, Development and Growth: An Overview 3. Economic Development, Financial Development and Liberalization: Taiwan, 1960–95 4. Financial Market Opening in Developing Countries 5. Japanese Financial Markets in Turmoil: Liberalization and Consequences 6. Bank–Firm Relationships and Corporate Governance in Japan: Evidence for the 1960s to the 1990s 7. The Performance of Taiwan’s Financial Sector 8. Financial Reform and Asian Turmoil: Taiwan’s Experience 9. Thailand’s Financial Revolution and the 1997 Crisis 10. Currency Hedging in Asian Equity Markets 11. Lessons from the Financial Crisis in Pacific and South East Asia 12. Good Governance and Financial Sector Reform 13. Governance, Human Capital, Labour and Endogenous Growth in Asia–Pacific: A Comparative Study 14. Productivity Growth Analysis in the Dynamic Production Function for Selected Asian Countries 15. The Impact of FDI on the Economic Growth of the ASEAN-5 Economies, 1970–94: A Comparative Dynamic Multiplier Analysis from a Small Model, with Emphasis on Liberalization 16. Investment, Finance and Firms’ Objectives: Implications for the Recent Experience of South East Asian Economies Index

Edited by D.G. Dickinson, Director of Money, Banking and Finance and Senior Lecturer, J.L. Ford, Professor Emeritus, Department of Economics, the late M.J. Fry, formerly Department of Accounting and Finance, Andrew W. Mullineux, The Business School, University of Birmingham and S. Sen, Professor of Development Economics and Head, Department of Economics, University of Birmingham, UK

'. . . this is an interesting and valuable collection of papers that addresses a highly topical area of research. The quality of writing is high in the main and the econometric methodology and models transparent. The appendices to many of the empirical chapters provide detailed information about data sources as well as model results. The book should be required reading for researchers and graduate students in this field, and the review papers provide valuable teaching material. It will be especially useful for those concerned with the contribution of governance structures to economic performance, financial crises and the still-disputed relationship between growth and financial liberalization.'

• Contents: 1. Introduction 2. Finance, Development and Growth: An Overview 3. Economic Development, Financial Development and Liberalization: Taiwan, 1960–95 4. Financial Market Opening in Developing Countries 5. Japanese Financial Markets in Turmoil: Liberalization and Consequences 6. Bank–Firm Relationships and Corporate Governance in Japan: Evidence for the 1960s to the 1990s 7. The Performance of Taiwan’s Financial Sector 8. Financial Reform and Asian Turmoil: Taiwan’s Experience 9. Thailand’s Financial Revolution and the 1997 Crisis 10. Currency Hedging in Asian Equity Markets 11. Lessons from the Financial Crisis in Pacific and South East Asia 12. Good Governance and Financial Sector Reform 13. Governance, Human Capital, Labour and Endogenous Growth in Asia–Pacific: A Comparative Study 14. Productivity Growth Analysis in the Dynamic Production Function for Selected Asian Countries 15. The Impact of FDI on the Economic Growth of the ASEAN-5 Economies, 1970–94: A Comparative Dynamic Multiplier Analysis from a Small Model, with Emphasis on Liberalization 16. Investment, Finance and Firms’ Objectives: Implications for the Recent Experience of South East Asian Economies Index

Edited by D.G. Dickinson, Director of Money, Banking and Finance and Senior Lecturer, J.L. Ford, Professor Emeritus, Department of Economics, the late M.J. Fry, formerly Department of Accounting and Finance, Andrew W. Mullineux, The Business School, University of Birmingham and S. Sen, Professor of Development Economics and Head, Department of Economics, University of Birmingham, UK

'. . . this is an interesting and valuable collection of papers that addresses a highly topical area of research. The quality of writing is high in the main and the econometric methodology and models transparent. The appendices to many of the empirical chapters provide detailed information about data sources as well as model results. The book should be required reading for researchers and graduate students in this field, and the review papers provide valuable teaching material. It will be especially useful for those concerned with the contribution of governance structures to economic performance, financial crises and the still-disputed relationship between growth and financial liberalization.'

• Contents: 1. Introduction 2. Finance, Development and Growth: An Overview 3. Economic Development, Financial Development and Liberalization: Taiwan, 1960–95 4. Financial Market Opening in Developing Countries 5. Japanese Financial Markets in Turmoil: Liberalization and Consequences 6. Bank–Firm Relationships and Corporate Governance in Japan: Evidence for the 1960s to the 1990s 7. The Performance of Taiwan’s Financial Sector 8. Financial Reform and Asian Turmoil: Taiwan’s Experience 9. Thailand’s Financial Revolution and the 1997 Crisis 10. Currency Hedging in Asian Equity Markets 11. Lessons from the Financial Crisis in Pacific and South East Asia 12. Good Governance and Financial Sector Reform 13. Governance, Human Capital, Labour and Endogenous Growth in Asia–Pacific: A Comparative Study 14. Productivity Growth Analysis in the Dynamic Production Function for Selected Asian Countries 15. The Impact of FDI on the Economic Growth of the ASEAN-5 Economies, 1970–94: A Comparative Dynamic Multiplier Analysis from a Small Model, with Emphasis on Liberalization 16. Investment, Finance and Firms’ Objectives: Implications for the Recent Experience of South East Asian Economies Index