Managing growth in capital flows requires caution
Aditya Puri, founding MD of HDFC Bank, says that lenders in Asia will have to work closely with regulators to offer more products and instruments to manage capital flows and ensure that the next crisis does not start in Asia. December 08, 2010 | Aditya PuriThe future of Asia’s financial system will be driven by a set of critical macroeconomic trends. For one, Asia’s contribution to global trade will continue to expand at a rapid pace. Asia is now the second highest contributor to global trade behind Europe, with a 27% share in 2008. At its rate of growth, it is likely that Asia will take the top spot in a couple of years. Please login to read the complete article. If you already have an account, you can login now or subscribe/register.
Categories: India, Trade Finance, Transaction BankingIndia,Trade Finance,Transaction Banking, India,Trade Finance,Transaction Banking, Keywords:Aditya Puri, HDFC Bank Aditya Puri, HDFC Bank
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