PolyU Library
Journal Call no.HG1302.Q37
Article TitleMobilising Asia's savings.
Is Part OfQuarterly bulletin / Hong Kong Monetary Authority ; no.9, Nov 1996, p.58-63.
AbstractIn view of the rich savings and huge investment needs in the Asian region, there is a need to improve the effectiveness of financial intermediation so as to facilitate the mobilisation of savings into investments. The article outlines three key preconditions for effective financial intermediation and three priority areas for action. Asian central banks are committed to making financial intermediation in the Asian region more effective and Hong Kong Monetary Authority (HKMA) is ready to play a major role in this.