Read more
Financial markets provide for the efficient allocation of resources within the economy. Financial integration is a phenomenon in which financial markets in neighbouring, regional and/or global economies are closely linked together. In periods of economic growth, being integrated can lead to greater long-term economic benefits. However, in periods of poor growth, being integrated can actually make things worse. If having access to a broader base of capital is a major engine for economic growth, then financial integration is one of the solutions because it facilitates the flow of capital from developed economies with rich capital to developing economies with limited capital. The integration of the Asian financial markets has created history because it has witnessed many folds developments when the markets became integrated and has also witnessed the severe situation of crises. With rapid capital flows around the world, the currency and financial crises in the late 1990s and 2008 US subprime crises were inevitable, which has affected Asian countries badly. The objective of the study is to know more about the interrelationship amongst Asian financial markets.
About the author
Shalini Sinha wurde am 17. August 1991 im Distrikt Burdwan in Westbengalen geboren. 2013 und 2015 schloss sie ihr Studium der Agrarökonomie am Bidhan Chandra Krishi Viswavidyalaya mit dem B.Sc. (Landwirtschaft) Honours und dem M.Sc. (Landwirtschaft) ab. 2015 promovierte sie im Bereich Modernes Marketing.
