This book discusses the risks and opportunities that arise in Emerging Asia given the context
of a new environment in global liquidity and capital flows. It elaborates on the need to ensure
financial and overall economic stability in the region through improved financial regulation
and other policy measures to minimize the emergent risks. Managing Elevated Risk: Global
Liquidity Capital Flows and Macroprudential Policy-An Asian Perspective also explores the
range of policy options that may be deployed to address the impact of global liquidity on
domestic financial and socio-economic conditions including income inequality. The book is
primarily aimed at policy makers financial market regulators and supervisory agencies to help
them improve national regulatory systems and to promote harmonization of national regulations
and practices in line with global standards. Scholars and researchers will also gain important
information and knowledge about the overall impacts of changing global liquidity from the book.