This article focuses on the impact of Asian Driver dynamism on the financial sector. It discusses the current and possible future implications of Asia’s financial flows for the rest of the world.
Specifically, the article’s intent is to map the main types of financial
flows to and from Asia, to identify their financial and macroeconomic implications for developing countries, and to suggest possible areas of future research.
Much of the discussion will draw on recent financial trends in China and India. China’s and India’s rapid growth, size and increasing global competitiveness make these two economies major
Asian Drivers, along with other countries and actors in the region (Griffith-Jones 2004; IDS 2005).