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b'Asian emerging market economies adopted a range of measures after the Asian financial crisis in the late 1990s to shelter themselves from economic and financial contagion. So far, those moves have succeeded. But with new challenges rising, some of the tools they turned to may need readjusting so that they don\\u2019t cause more problems than they cure.\\n\\nHans Genberg, executive director of the Southeast Asian Central Banks Research and Training Centre, in Kuala Lumpur, Malaysia, suggests that, at the very least, more and better coordination is needed among various supervisory agencies. He also calls for an examination of whether central banks have taken on too much responsibility as their jobs have expanded.\\n\\nWriting in a new Asian Development Bank Institute publication, Global Shocks and the New Global and Regional Financial Architecture, Asian Perspectives, Genberg suggests that Asian central banks went with a palette of solutions to the problems exposed by the Asian financial crisis.\\n\\nPeter Morgan, co-chair of research at ADBI, is an editor of the book. He explains that emerging Asia\\u2019s response to the crisis helped it get through relatively unscathed during the 2008\\u20132009 global downturn that followed about 10 years later.\\n\\nRead the transcript\\t\\nhttps://bit.ly/2nleZ9X\\n\\nRead the book\\nhttps://bit.ly/396ET7J\\n\\nRead the related blog post\\nhttps://bit.ly/2Mv6cjP\\n\\nAbout the author and editors\\nHans Genberg is the executive director of the Southeast Asian Central Banks Research and Training Centre, Kuala Lumpur, Malaysia. The book editors are Peter Morgan, co-head of research at ADBI; ADBI Dean Naoyuki Yoshino; and Pradumna B. Rana of the S. Rajaratnam School of International Studies, Nanyang Technological University, Singapore.\\n\\nKnow more about ADBI\\u2019s work\\nhttps://bit.ly/2KyV7JB\\nhttps://bit.ly/2OSN1Ps'