(OCC02) The Informal Financial Sector in Developing Countries: Analysis Evidence and Policy Implications by Anand G. Chandavarkar
A framework for the macroeconomic analysis of the informal financial sector in developing countries is developed in this paper in the light of the available empirical evidence. It also appraises its implications for monetary policy and financial intermediation.
(OCC03) The Role of External Auditors in the Supervision of Financial Institutions in Malaysia by Bank Negara Malaysia
The paper covers some key issues on the role of external auditors in the supervision of financial institutions in Malaysia. It is concerned with getting the external auditors to break new ground so as to complement the efforts of both the central bank and the internal auditor in the inspection and supervision of financial institutions…
(OCC04) The Impact of Exchange Rate Changes in Key Currencies on Trade by Richard P. Mattione
Exchange rate movements exert tremendous impact on the domestic and external economic activities of open economies. This paper deals specifically on how the international trade is affected by fluctuations in the exchange rates of key currencies.
(OCC05) The Impact of Exchange Rate Changes Between Key Currencies on the Debt Service Burden of Developing Countries by Helmut W. Mayer
This paper focuses mainly on the impact of exchange rate changes in key currencies on the external debt of developing countries. It presents a systematic way of analysing the impact of a strongly depreciating U.S. dollar vis-a-vis other major currencies on the external debt of developing countries.
(OCC06) Growth-Oriented Adjustment Strategies: The Role of Exchange Rate Policies and Trade Liberalization by Susan M. Schadler
This paper reviews some of the major strands of the debate on growth-oriented adjustment programmes. Section I looks at recent domestic and external trends in developing countries in order to highlight the motivation for increased emphasis on growth with adjustment. Section II discusses general issues underlying growth-oriented adjustment strategies drawing upon the G-24 report and…
(OCC07) Monetary Instruments and the Control of Liquidity in the Philippines: Focus on Open Market Operations by Armida S. San Jose
This paper discusses the framework for analysing how monetary instruments affect monetary targets and describes the various instruments available to the Central Bank of the Philippines.
(OCC08) Open Market Operations as a Policy Tool in the United States by Ann-Marie Meulendyke
This paper reviews the current monetary goals and tools in the United States advantages of the open market operations alternative monetary tools and approaches of central banks in developing their monetary instruments and their related problems and issues.
(OCC27) Chasing Shadows: East Asian Financial Crisis and the IMF by Deena Khatkhate
This paper provides a critical assessment to the role and contribution of the IMF in the IMF-programme countries. It addresses several questions frequently raised about the East Asian financial crisis and assesses the impact of the IMF programmes rendered to several crisis-hit countries. It also offers some suggestions on the future role of the IMF…
(OCC26) Asians Debacle: Wherefore and Where to by Donald Hanna
This paper analyses the Asian financial crisis focusing on the financial boom of the 1990s and on the investor panic that sparked its collapse. It also assesses the policy responses by the governments and international agencies – principally the IMF. The paper offers some suggestions to help restore economic growth.
(OCC25) How Stable Is China An Economic Perspective by Pieter P. Bottelier
This paper assesses Chinas economic strengths and vulnerabilities in the current situation and the near-term. It also examines Chinas potential sources of instability.