Catálogo de publicaciones - libros
Asia's Debt Capital Markets: Prospects and Strategies for Development
Douglas Arner ; Jae-Ha Park ; Paul Lejot ; Qiao Liu (eds.)
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Disponibilidad
Institución detectada | Año de publicación | Navegá | Descargá | Solicitá |
---|---|---|---|---|
No detectada | 2006 | SpringerLink |
Información
Tipo de recurso:
libros
ISBN impreso
978-0-387-25089-2
ISBN electrónico
978-0-387-25090-8
Editor responsable
Springer Nature
País de edición
Reino Unido
Fecha de publicación
2006
Información sobre derechos de publicación
© Milken Institute 2006
Cobertura temática
Tabla de contenidos
Introduction
Douglas Arner; Jae-Ha Park2; Paul Lejot; Qiao Liu
This article challenges certain tenets of the theories of reflexive law and ecological modernization. While far-sighted prevention-oriented and structural changes are needed, some proponents of these theories argue that the very industries and firms that create environmental problems can, through continuous institutional learning; the application of life cycle analysis; dialogue and networks with stakeholders; and implementation of "environmental management systems," be transformed into sustainable industries and firms. While useful, these reforms are insufficient. It is not marginal or incremental changes that are needed for sustainability, but rather major product, process, and system transformations — often beyond the capacity of the dominant industries and firms. This article also questions the alleged failure of regulation to stimulate needed technological changes, and identifies the conditions under which innovation for sustainability can occur. Finally, it discusses differences in needed policies for industrialized and developing countries.
- Introduction | Pp. 1-7
Opportunities and Challenges in Asian Bond Markets
James R. Barth; Donald McCarthy; Triphon Phumiwasana; Glenn Yago
This article challenges certain tenets of the theories of reflexive law and ecological modernization. While far-sighted prevention-oriented and structural changes are needed, some proponents of these theories argue that the very industries and firms that create environmental problems can, through continuous institutional learning; the application of life cycle analysis; dialogue and networks with stakeholders; and implementation of "environmental management systems," be transformed into sustainable industries and firms. While useful, these reforms are insufficient. It is not marginal or incremental changes that are needed for sustainability, but rather major product, process, and system transformations — often beyond the capacity of the dominant industries and firms. This article also questions the alleged failure of regulation to stimulate needed technological changes, and identifies the conditions under which innovation for sustainability can occur. Finally, it discusses differences in needed policies for industrialized and developing countries.
Part I - Asia’s Debt Capital Markets: Opportunities and Prospects | Pp. 11-32
Developing Asian Bond Markets Using Securitization and Credit Guarantees
Jae-Ha Park; Gyutaeg Oh
This article challenges certain tenets of the theories of reflexive law and ecological modernization. While far-sighted prevention-oriented and structural changes are needed, some proponents of these theories argue that the very industries and firms that create environmental problems can, through continuous institutional learning; the application of life cycle analysis; dialogue and networks with stakeholders; and implementation of "environmental management systems," be transformed into sustainable industries and firms. While useful, these reforms are insufficient. It is not marginal or incremental changes that are needed for sustainability, but rather major product, process, and system transformations — often beyond the capacity of the dominant industries and firms. This article also questions the alleged failure of regulation to stimulate needed technological changes, and identifies the conditions under which innovation for sustainability can occur. Finally, it discusses differences in needed policies for industrialized and developing countries.
Part I - Asia’s Debt Capital Markets: Opportunities and Prospects | Pp. 33-54
Contemporary Markets for Asian Debt Capital Market Instruments
Paul Lejot; Douglas Arner; Qiao Liu
This article challenges certain tenets of the theories of reflexive law and ecological modernization. While far-sighted prevention-oriented and structural changes are needed, some proponents of these theories argue that the very industries and firms that create environmental problems can, through continuous institutional learning; the application of life cycle analysis; dialogue and networks with stakeholders; and implementation of "environmental management systems," be transformed into sustainable industries and firms. While useful, these reforms are insufficient. It is not marginal or incremental changes that are needed for sustainability, but rather major product, process, and system transformations — often beyond the capacity of the dominant industries and firms. This article also questions the alleged failure of regulation to stimulate needed technological changes, and identifies the conditions under which innovation for sustainability can occur. Finally, it discusses differences in needed policies for industrialized and developing countries.
Part I - Asia’s Debt Capital Markets: Opportunities and Prospects | Pp. 57-115
Institutional Reform and Economic Development
Paul Lejot; Douglas Arner; Frederick Pretorius
This article challenges certain tenets of the theories of reflexive law and ecological modernization. While far-sighted prevention-oriented and structural changes are needed, some proponents of these theories argue that the very industries and firms that create environmental problems can, through continuous institutional learning; the application of life cycle analysis; dialogue and networks with stakeholders; and implementation of "environmental management systems," be transformed into sustainable industries and firms. While useful, these reforms are insufficient. It is not marginal or incremental changes that are needed for sustainability, but rather major product, process, and system transformations — often beyond the capacity of the dominant industries and firms. This article also questions the alleged failure of regulation to stimulate needed technological changes, and identifies the conditions under which innovation for sustainability can occur. Finally, it discusses differences in needed policies for industrialized and developing countries.
Part II - The Role of Reform | Pp. 119-142
Reforming China’s Bond Markets:
John Board; Paul Lejot; Stephen Wells
This article challenges certain tenets of the theories of reflexive law and ecological modernization. While far-sighted prevention-oriented and structural changes are needed, some proponents of these theories argue that the very industries and firms that create environmental problems can, through continuous institutional learning; the application of life cycle analysis; dialogue and networks with stakeholders; and implementation of "environmental management systems," be transformed into sustainable industries and firms. While useful, these reforms are insufficient. It is not marginal or incremental changes that are needed for sustainability, but rather major product, process, and system transformations — often beyond the capacity of the dominant industries and firms. This article also questions the alleged failure of regulation to stimulate needed technological changes, and identifies the conditions under which innovation for sustainability can occur. Finally, it discusses differences in needed policies for industrialized and developing countries.
Part II - The Role of Reform | Pp. 143-171
Improving the Policy Environment for Private Sector Participation in the Development of Local Currency and Regional Bond Markets in APEC:
Julius Caesar Parreñas
This article challenges certain tenets of the theories of reflexive law and ecological modernization. While far-sighted prevention-oriented and structural changes are needed, some proponents of these theories argue that the very industries and firms that create environmental problems can, through continuous institutional learning; the application of life cycle analysis; dialogue and networks with stakeholders; and implementation of "environmental management systems," be transformed into sustainable industries and firms. While useful, these reforms are insufficient. It is not marginal or incremental changes that are needed for sustainability, but rather major product, process, and system transformations — often beyond the capacity of the dominant industries and firms. This article also questions the alleged failure of regulation to stimulate needed technological changes, and identifies the conditions under which innovation for sustainability can occur. Finally, it discusses differences in needed policies for industrialized and developing countries.
Part II - The Role of Reform | Pp. 173-204
Essential Changes in National Law and Regulation: Impediments to cross-border investment in Asian bond markets
S. Ghon Rhee; Paul Lejot; Douglas Arner
This article challenges certain tenets of the theories of reflexive law and ecological modernization. While far-sighted prevention-oriented and structural changes are needed, some proponents of these theories argue that the very industries and firms that create environmental problems can, through continuous institutional learning; the application of life cycle analysis; dialogue and networks with stakeholders; and implementation of "environmental management systems," be transformed into sustainable industries and firms. While useful, these reforms are insufficient. It is not marginal or incremental changes that are needed for sustainability, but rather major product, process, and system transformations — often beyond the capacity of the dominant industries and firms. This article also questions the alleged failure of regulation to stimulate needed technological changes, and identifies the conditions under which innovation for sustainability can occur. Finally, it discusses differences in needed policies for industrialized and developing countries.
Part III - Strategies for Development | Pp. 207-242
Policy Concerns and the Value of Regional Markets
Paul Lejot; Douglas Arner; Qiao Liu
This article challenges certain tenets of the theories of reflexive law and ecological modernization. While far-sighted prevention-oriented and structural changes are needed, some proponents of these theories argue that the very industries and firms that create environmental problems can, through continuous institutional learning; the application of life cycle analysis; dialogue and networks with stakeholders; and implementation of "environmental management systems," be transformed into sustainable industries and firms. While useful, these reforms are insufficient. It is not marginal or incremental changes that are needed for sustainability, but rather major product, process, and system transformations — often beyond the capacity of the dominant industries and firms. This article also questions the alleged failure of regulation to stimulate needed technological changes, and identifies the conditions under which innovation for sustainability can occur. Finally, it discusses differences in needed policies for industrialized and developing countries.
Part III - Strategies for Development | Pp. 243-268
Promoting Market Development with Structured Finance and Regional Credit Enhancement
Paul Lejot; Douglas Arner; Frederick Pretorius
This article challenges certain tenets of the theories of reflexive law and ecological modernization. While far-sighted prevention-oriented and structural changes are needed, some proponents of these theories argue that the very industries and firms that create environmental problems can, through continuous institutional learning; the application of life cycle analysis; dialogue and networks with stakeholders; and implementation of "environmental management systems," be transformed into sustainable industries and firms. While useful, these reforms are insufficient. It is not marginal or incremental changes that are needed for sustainability, but rather major product, process, and system transformations — often beyond the capacity of the dominant industries and firms. This article also questions the alleged failure of regulation to stimulate needed technological changes, and identifies the conditions under which innovation for sustainability can occur. Finally, it discusses differences in needed policies for industrialized and developing countries.
Part III - Strategies for Development | Pp. 269-290