Supporting securitisation

Many feel securitisation is the next big thing in Asia, and Vinod Kothari, the author of a new book on the subject, is one of them. Asia Risk picks representative excerpts

Asia is a huge block, economically and also culturally; it is a kaleidoscopic picture. As there are huge economic differences within the region, the same is true for stages of development of securitization. Japan is economically a different market altogether; the rest of Asia represents a mixed picture of some countries where market activity has reached a certain stage of development and others have yet to introduce the concepts.

On close study, it appears that the motivations that have driven