Banking and Finance Issues in Emerging Markets

William A. Barnett – is the Oswald Distinguished Professor of Macroeconomics at the University of Kansas, Director of the Center for Financial Stability in New York City, President of the Society for Economic Measurement, and Editor of the Cambridge University Press journal, Macroeconomic Dynamics. His book, Getting It Wrong: How Faulty Monetary Statistics Undermine the Fed, the Financial System, and the Economy, published by MIT Press, won the American Publishers Award for Professional and Scholarly Excellence for the best book published in economics during 2012. With Nobel Laureate Paul Samuelson, he also coauthored the book, Inside the Economist’s Mind, translated into seven languages. Bruno S. Sergi – is a teacher and scholar whose area of research interest centers on the emerging markets. At Harvard University he is an instructor on the economics of emerging markets and the political economy of Russia and China, an Associate of the Davis Center for Russian and Eurasian Studies, and a Faculty Affiliate in the Institute for Quantitative Social Science. In addition, he teaches international economics at the University of Messina, is an Associate Editor of The American Economist (an official publication of Omicron Delta Epsilon, The International Honor Society in Economics), and a co-founder and Scientific Director of the International Center for Emerging Markets in Moscow. He is the author and/or coauthor of several books and over 150 scholarly papers.

Chapter 1. ASEAN-5 Economic and Exchange Rate Integration; Tatre Jantarakolica and Korbkul JantarakolicaChapter 2. The Macroeconomic Effects of RMB Internationalization: the Perspective of Overseas Circulation; Cong Wang and Xue Wang
Chapter 3. Dynamic Connectedness in Emerging Asian Equity Markets; Pym Manopimoke, Suthawan Prukumpai and Yuthana Sethapramote
Chapter 4. Stock Market Contagion from a Spatial Perspective; William W. Chow
Chapter 5. Deposit Rate Asymmetry and Edgeworth Cycles after Hong Kong’s Interest Rate Deregulation; Michael K. Fung 
Chapter 6. India’s Bad Loan Conundrum: Recurrent Concern for Banking System Stability and the Way Forward; Soumya Bhadury and Bhanu Pratap
Chapter 7. An International Perspective on the Loan Puzzle in Emerging Markets; Asli Leblebiciouglu and Victor Valcarcel 
Chapter 8. Is Japanese Regional Banks’ Overseas Business in Emerging Markets Hopeful? An Observation Through X-Means Clustering; Masaki Yamaguchi 
Chapter 9. A Paradigm Shift in Banking: Unfolding Asia’s FinTech Adventures; Agrata Gupta and Chun Xia 
Chapter 10. Acceptance of Financial Technology in Thailand: Case Study of Algorithm Trading; Korbkul Jantarakolica and Tatre Jantarakolica 
Chapter 11. Financial Innovation and Technology Firms: A Smart New World with Machines; Kevin Chen