International Journal of Business and Social Science

ISSN 2219-1933 (Print), 2219-6021 (Online) DOI: 10.30845/ijbss


Global and Regional Financial Integration of Asian Stock Markets
Dr. Sayyid Salman Rizavi, Bushra Naqvi, Syed Kumail Abbas Rizvi

Financial integration has been an issue of enduring interest in Asia especially in the aftermath of Asian financial crisis, 1997; and central to the empirical research on this topic is the question: “how financial integration is actually measured, and which type of financial markets can conveniently reflect the interconnection between Asia and the World”. In an attempt to explore some of the dimensions of this complex structure of global and regional financial integration, this paper thus, measures the existence and the level of inter-linkages among the equity markets of Asia with the world and the Asian region by deploying the methodology of beta and sigma convergence.

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