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1、FinancialSectorDevelopmentinthePacificRimNBER—EastAsiaSeminaronEconomicsVolume18FinancialSectorDevelopmentinthePacificRimEditedbyTakatoshiItoandAndrewK.RoseTheUniversityofChicagoPressChicagoandLondonTAKATOSHIITOisprofessorofeconomicsattheUniversityofTokyoandaresearchassociateofth
2、eNationalBureauofEconomicResearchandtheTokyoCenterforEconomicResearch.ANDREWK.ROSEistheBernardT.RoccaJr.ProfessorofInternationalTradeanddirectoroftheClausenCenterforInternationalBusinessandPolicyattheHaasSchoolofBusiness,UniversityofCalifornia,Berkeley,andaresearchassociateofth
3、eNationalBureauofEconomicResearch.TheUniversityofChicagoPress,Chicago60637TheUniversityofChicagoPress,Ltd.,London©2009bytheNationalBureauofEconomicResearchAllrightsreserved.Published2009PrintedintheUnitedStatesofAmerica1817161514131211100912345ISBN-13:978-0-226-38684-3(cloth)IS
4、BN-10:0-226-38684-8(cloth)LibraryofCongressCataloging-in-PublicationDataEastAsianSeminarinEconomics(18th:1007:SingaporeManagementUniversity)FinancialsectordevelopmentinthePacificRim/editedbyTakatoshiItoandAndrewK.Rosep.cm.—(NBEREastAsiaseminaroneconomics;v.18)Paperspresentedatth
5、e18thAnnualEastAsianSeminarinEconomics,heldatSingaporeManagementUniversityonJune22–24,2007.Includesbibliographicalreferencesandindex.ISBN-13:978-0-226-38684-3(cloth:alk.paper)ISBN-10:0-226-383684-8(cloth:alk.paper)1.Financialinstitutions—PacificArea—Congresses.2.Financialinstitu
6、tions—EastAsia—Congresses.3.Financialcrises—EastAsia—Congresses.4.Financialcrises—PacificArea—Congresses.I.Ito,Takatoshi,1950–II.Rose,Andrew,1959–III.TitleHG190.A2E272009332.095—dc222008021666oThepaperusedinthispublicationmeetstheminimumrequirementsoftheAmericanNationalStandardf
7、orInformationSciences—PermanenceofPaperforPrintedLibraryMaterials,ANSIZ39.48-1992.NationalBureauofEconomicResearchOfficersElizabethE.Bailey,chairmanRobertMednick,treasurerJohnS.Clarkeson,vice-chairmanKellyHorak,controllerandassistantMartinFeldstein,presidentandchiefcorporatesecre
8、taryexecutiveofficerGerardineJohnson,assistantcorporateS
