Chapter

Progress in and Prospects for the Financial Sector Reform

Yung Chul Park

in Economic Liberalization and Integration in East Asia

Published in print December 2005 | ISBN: 9780199276776
Published online February 2006 | e-ISBN: 9780191603051 | DOI: http://dx.doi.org/10.1093/0199276773.003.0015
 Progress in and Prospects for the Financial Sector Reform

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Although financial reform agendas differ among countries in East Asia, these are loosely categorized between more advanced and less developed economies. The overall agenda for such reforms includes the strict separation of banking and commerce, privatization of state-owned institutions, opening of the domestic financial services industry, legal reform, and strong accounting and auditing rules.

Keywords: accounting; disclosure; financial system; investor protection; privatization; capital market

Chapter.  3636 words. 

Subjects: Business and Management

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