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1、FINANCIALDEEPENINGANDPOST-CRISISDEVELOPMENTINEMERGINGMARKETSCURRENTPERILSANDFUTUREDAWNSEDITEDBYALEKSANDRV.GEVORKYANANDOTAVIANOCANUTOFinancialDeepeningandPost-CrisisDevelopmentinEmergingMarketsAleksandrV.Gevorkyan•OtavianoCanutoEditorsFinancialDeepeningandPost-CrisisDevelopmentin
2、EmergingMarketsCurrentPerilsandFutureDawnsEditorsAleksandrV.GevorkyanOtavianoCanutoSt.John’sUniversityPotomac,Maryland,USAQueens,NewYork,USAISBN978-1-137-52245-0ISBN978-1-137-52246-7(eBook)DOI10.1057/978-1-137-52246-7LibraryofCongressControlNumber:2016940871©TheEditor(s)(ifappli
3、cable)andTheAuthor(s)2016Thisworkissubjecttocopyright.AllrightsaresolelyandexclusivelylicensedbythePublisher,whetherthewholeorpartofthematerialisconcerned,specificallytherightsoftranslation,reprinting,reuseofillustrations,recitation,broadcasting,reproductiononmicrofilmsorinanyot
4、herphysicalway,andtransmissionorinformationstorageandretrieval,electronicadaptation,computersoftware,orbysimilarordissimilarmethodologynowknownorhereafterdeveloped.Theuseofgeneraldescriptivenames,registerednames,trademarks,servicemarks,etc.inthispublicationdoesnotimply,eveninthe
5、absenceofaspecificstatement,thatsuchnamesareexemptfromtherelevantprotectivelawsandregulationsandthereforefreeforgeneraluse.Thepublisher,theauthorsandtheeditorsaresafetoassumethattheadviceandinformationinthisbookarebelievedtobetrueandaccurateatthedateofpublication.Neitherthepub-l
6、ishernortheauthorsortheeditorsgiveawarranty,expressorimplied,withrespecttothematerialcontainedhereinorforanyerrorsoromissionsthatmayhavebeenmade.Printedonacid-freepaperThisPalgraveMacmillanimprintispublishedbySpringerNatureTheregisteredcompanyisNatureAmericaInc.NewYorkTheviewsex
7、pressedinthechaptersofthisbookarethoseoftherespectiveauthorsanddonotnecessarilyrepresentthoseoftheorganizationswithwhichtheauthorsareaffiliatedvACKNOWLEDGMENTSFinancialDeepeningandPost-CrisisDevelopmentinEmergingMarketsisacompilationofdiversebutlogicallycoherentcontributionsonth
8、eprob-lemofemergingmarkets’financialandmacroeco
