We look back at past episodes of financial stress in Asia with a forward-looking perspective. We put ourselves in the …

EM Asia has seen a transformation of its monetary policy environment over the past 2 decades. By far, the most relevant … particularly relevant in EM Asia. While managed exchange rate regimes in EM Asia have been implemented with mixed success, the …-pillar monetary policy approach as a potentially attractive alternative for EM Asia. The three pillars are based on economic …

banking systems in Asia. Banks have become better capitalised, external exposures have been reduced and credit risk has been …. How these conditions will change and how this will affect banks in Asia is uncertain. Supervisory authorities therefore … need to be sure that the present very liquid position of most banking systems in Asia does not allow significant (but so …

in Asia may be contributing to procyclical inflation swings. Three particular aspects of the policy environment are …

In the wake of the Asian financial crisis, many regimes in Asia adopted stricter provisioning requirements, as well as … throughout emerging Asia, most strikingly so in the case of India. Thus, loan loss provisioning did not simply become more …