债券市场生命保険会社国际证券投资

1AsianbondmarketsandinternationalportfolioinvestmentsoflifeinsurancecompaniesEijiOgawa1.19977ASEANNEIS1999112.IMF(2000a)GDP11997GDP1998GDPIMF(2000a)19992IMF1998319982IT20004a19984b5199713.199019943(2000a)(1999)(1998a)2(1996)2JorionandKhoury(1996)(2000b)4IMF81998519881119905198919891993BIBFBangkokInternationalBankingFacility19801990IMFIMF(2000a)54.31997Asiamoney(1999)ABAC(2000)2010GDP3(2000)6GDP153EU11GDP10839111/4IIMA(2000)IT75.(1998b)4564Ogawa,Hamori,andOhno(1997)(2000)5MSCIMorganStanleyCapitalInternational6(1999)86199019961997Euromoney(2000)IIMA(2000)9EuroclearClearstreamIIMA(2000)6.10Asiamoney(1999)“Asia’stroubleddomesticdebtmarkets,”April1999.ABAC(2000)BuildingStrongerFinancialSystems,27August2000.Euromoney(2000)“Asia’sdevelopingbondmarkets,”TheGuidetoAsianDebtMarkets2000,June2000issueofEuromoney.IIMA(2000)WorkshoponDevelopingInternationalBondMarketsintheRegion,Tokyo,4September,2000.IMF(2000a)Asia-PacificRegionalOutlook,June2000.IMF(2000b)“Emergingmarketfinancing:DevelopmentsduringJulyandAugust2000,”September2000.JorionP.andS.J.Khoury(1996)FinancialRiskManagement,Blackwell1999(1996)(2000)(1998a)(1998b)123pp.49-72.(1999)128pp.157-181.(2000a)IMF(2000b)Ogawa,E.,S.Hamori,andS.Ohno(1997)“StructuralchangesinforeignsecuritiesinvestmentsbyJapaneselifeinsurancecompanies,”HitotsubashiUniversity,FacultyofCommerce,WorkingPaper,No.29.(2000)No.54.111999Vol.20-3.1213