Latest Staff Paper

(SP90) SEACEN’s Optimal Membership Size, by Eufrocinio M. Bernabe, Jr. and Dongkoo Chang

Please be advised this document is only available to readers from SEACEN Member Central Banks on a request basis.If you are interested to request a copy, kindly send an email to enquiries@seac... Read More
Author(s): Eufrocinio M. Bernabe, Jr. and Dongkoo Chang
Published Date: December , 2013
All Staff Paper

(SP90) SEACEN’s Optimal Membership Size, by Eufrocinio M. Bernabe, Jr. and Dongkoo Chang

Please be advised this document is only available to readers from SEACEN Member Central Banks on a request basis.If you are interested to request a copy, kindly send an email to enquiries@sea...

Author(s): Eufrocinio M. Bernabe, Jr. and Dongkoo Chang

Published Date: December , 2013

(SP91) Assessing Key Vulnerabilities Post Global Financial Crisis, by Vincent Choon-Seng Lim and Dongkoo Chang

This paper highlights some of the vulnerabilities seen as overarching  in the SEACEN economies. As the global economy recovers,  the following scenarios are probable. Firstly, a possible upward sh...

Author(s): Vincent Choon-Seng Lim and Dongkoo Chang

Published Date: December , 2013

(SP89) Supervisory Policy Insights From US And UK Bank Failures, by Eufrocinio M. Bernabe, Jr. and Dongkoo Chang

The US Federal Deposit Insurance Corporation – Office of theInspector General Report (2013) and the UK’s Turner Report (2009) provide insights on the multiple contributing factors to bank failures...

Author(s): Eufrocinio M. Bernabe, Jr. and Dongkoo Chang

Published Date: November , 2013

(SP 88) Rethink Policy Collaboration by Hookyu Rhu, C.S. Lim Vincent and L.C. Ong Vivien

This paper examines the scope of central banking cooperation in Asia against the backdrop of global integration. We ask the question on how multilateral organisations can be made more effective in...

Author(s): Hookyu Rhu, C.S. Lim Vincent and L.C. Ong Vivien

Published Date: January , 2013

(SP 87) Gauging the Macroeconomic Impact of Basel III on Malaysia by Eufrocinio M. Bernabe, Jr. and Jami’ah Jaffar

This study gives a preliminary assessment of the macroeconomic impact of implementing Basel III in Malaysia.  This is also an attempt to contribute to the increasing studies for emerging econ...

Author(s): Eufrocinio M. Bernabe, Jr. and Jami’ah Jaffar

Published Date: January , 2013

(SP 86) Global Imbalances: A Primer by C.S. Lim Vincent and Victor Pontines

The global imbalances (current-account of BOP) refers to the large current account deficits of developed economies such as the United States and the large surpluses of developing economies such as...

Author(s): C.S. Lim Vincent and Victor Pontines

Published Date: May , 2012

(SP 85) Capital Flows Management During the Post-2007 Global Financial Crisis: The Experiences of SEACEN Economies by Reza Y. Siregar Vincent C.S. Lim Victor Pontines Jamiah Jaffar and Nurulhuda M. Hussain

Although global financial stability in late 2010 and early 2011 has in general improved when compared to the 2008-2009 period of the sub-prime global financial crisis vulnerabilities remain high. ...

Author(s): Reza Y. Siregar Vincent C.S. LimVictor Pontines Jamiah Jaffar and Nurulhuda M. Hussain

Published Date: October , 2011

(SP 84) The Nexus Between Inflation Targeting and Exchange Rate Volatility by Victor Pontines

This study empirically examines the issue on whether countries that target inflation systematically experience higher exchange rate volatility. A major challenge that immediately confronts such an...

Author(s): Victor Pontines

Published Date: June , 2011

(SP 83)Real Sector Propagation of the Recent Global Financial Crisis: An Integrative Report by Reza Y. Siregar and C.S. Lim Vincent

This paper attempts to examine the real sector propagation of the recent global financial crisis in the SEACEN economies. The study is of particular interest as SEACEN economies are known for thei...

Author(s): Reza Siregar and C.S. Lim Vincent

Published Date: June , 2011

(SP 82) Cross-border Bank Lending to Selected SEACEN Economies: An Integrative Report by Victor Pontines and Reza Y. Siregar

This study seeks to address a number of rising policy concerns from the aftermath of the recent subprime crisis. Did foreign bank lending decline sharply and transmit the financial shocks from the...

Author(s): Victor Pontines and Reza Siregar

Published Date: June , 2011

(SP 81) The Concepts of Equilibrium Exchange Rate: A Survey of Literature by Reza Siregar

The aim of this paper is to review and examine a collection of most commonly applied theoretical and empirical models of equilibrium exchange rate. The presentation on each model starts with an in...

Author(s): Reza Siregar

Published Date: April , 2011

(SP 80) Post Global Financial Crisis: Issues and Challenges for Central Banks of Emerging Markets by Reza Siregar Lim C.S. Vincent and Victor Pontines

The subprime crisis had affected many economies including those of the SEACEN region. Various measures to deal with both liquidity and solvency measures were taken by both the central banks and th...

Author(s): Reza Siregar Lim C.S. Vincent and Victor Pontines

Published Date: February , 2011

(SP 79) Living with Macro-financial Linkages: Policy Perspectives and Challenges for SEACEN Countries by Reza Siregar and Lim C.S. Vincent

The deepening financial liberalisation and the tightening of financial integration globally have made it more challenging to manage macroeconomic policies in general and to contain the spread of f...

Author(s): Reza Siregar and Lim C.S. Vincent

Published Date: January , 2011

(SP78) Fear of Appreciation in East and Southeast Asia: The Role of the Chinese Renminbi by Victor Pontines and Reza Y. Siregar

The study brings into light the evidence of a fundamental role of the Chinese renminbi in shaping the exchange rate behaviour of other major Asian currencies. The results obtained suggest that the...

Author(s): Victor Pontines and Reza Y. Siregar

Published Date: October , 2010

(SP77) Exchange Rate Asymmetry and Flexible Exchange Rates under Inflation Targeting Regimes: Evidence from Four East and Southeast Asian Countries

The paper demonstrates that the economies of Indonesia Korea Philippines and Thailand which are among the first group of emerging markets to embrace the inflation targeting framework of monetary p...

Author(s): Victor Pontines and Reza Y. Siregar

Published Date: August , 2010

(SP76) Greener Central Banks: Exploring Possibilities by Lim C.S. Vincent

The mandate of a central bank typically includes maintaining price stability and ensuring financial system stability and sustainable economic growth. In the near future the central bank can arguab...

Author(s): Lim C.S. Vincent

Published Date: August , 2010

(SP75) The US Sub-prime Crises and Extreme Exchange Market Pressures in Asia

The primary objective of this study is to examine the evidence of occurrences of extreme market pressure of currencies of a number of Asian economies against the US dollar during the period of 200...

Author(s): Reza Siregar Victor Pontines and Nurulhuda Mohd Hussain

Published Date: June , 2010

(SP74) The Role of Central Banks in Sustaining Economic Recovery and in Achieving Financial Stability by Siregar Reza Yamora and Lim C.S. Vincent

Whenever a financial crisis occurs threatening a possible financial meltdown central banks have to be at the forefront in combating neutralizing the crisis and restoring financial stability and ec...

Author(s): Siregar Reza Yamora and Lim and C.S. Vincent

Published Date: February , 2010

(SP73) Effectiveness and Commitment To Inflation Targeting Policy: Evidences From Indonesia and Thailand by Siregar Reza Yamora and Goo Siwei

he chief objective of our paper is to highlight basic features of the IT policies adopted by Indonesia and Thailand and to evaluate the commitment of the monetary authorities and the overall perfo...

Author(s): Siwei Goo and Reza Siregar

Published Date: September , 2009

(SP72) Economic Shocks And Exchange Rate As A Shock Absorber In Indonesia And Thailand by Siwei Goo and Reza Siregar

This study investigates the requirement for the exchange rate to be a shock absorber in Indonesia and Thailand from 1986 to 2007. In general we find that the economic shocks have predominantly bee...

Author(s): Siwei Goo and Reza Siregar

Published Date: August , 2009

(SP71) Diffusion Process for Exchange Rates in SEACEN Countries: Exchange Rate Equilibrium Level and its Volatility by Dr. Ryoo Sang Dai

A stochastic differential equation is at the very core of short-term dynamics of financial market especially short-term interest rate dynamics. Various parameter restrictions on the unrestricted m...

Author(s): Sangdai Ryoo

Published Date: January , 2006

(SP70) Bank Restructuring in Selected Emerging Economies: Rationale Consequences and Strategies by Dr. Ryoo Sang Dai

The main objective of the project is to identify major causes and leading indicators of banking crises based on the recent studies on banking crises in the emerging economies. It also aims to asse...

Author(s): Sangdai Ryoo

Published Date: July , 2004

(SP69) Dynamics of the Inflation Process in the SEACEN Countries by Vincent Lim Choon Seng

This in-house research project aims to enhance the understanding of the dynamic process of inflation in the SEACEN countries and to assess the effectiveness of monetary policy in the management of...

Author(s): Lim Choon Seng Vincent

Published Date: June , 2004

(SP68) Economic Openness and Effectiveness of Countercyclical Macroeconomic Policies in the Context of Global Economic Slowdown: Experiences of the SEACEN Countries by Vincent Lim Choon Seng

This paper intends to provide some insights into whether counter-cyclical macroeconomic policies in particular fiscal spending is effective tool to stabilising and stimulating the economy in the c...

Author(s): Lim Choon Seng Vincent

Published Date: May , 2003

(SP67) Impact of Stock Market on Monetary Policy in The SEACEN Countries by Jung Jee Young and Vincent Lim Choon-Seng

This paper examines the relationship between stock market and monetary policy. It is noted that the empirical results show that the returns of Dow Jones are leading "causing" variable to the domes...

Author(s): Jung Jee Young and Lim Choon Seng Vincent

Published Date: June , 2002

(SP66) Determination of Equilibrium Real Exchange Rate in Selected SEACEN Countries by Dr. Song Ouk-Heon and Vincent Lim Choon-Seng

The objectives of this project are: to investigate determinant factors influencing the real exchange rate fluctuations; to measure the real exchange rate deviation from the equilibrium; and to pro...

Author(s): Song Ouk-Heon and Vincent Lim Choon Seng

Published Date: May , 2002

(SP65) Financial Stability Through Systemic Financial Reforms: The Asian Experiences by Dr. Pichit Pattrawimolpon

The study aims to examine the following issues: (i) evolution and causes of the Asian financial crisis; (ii) general approaches to cope with the crisis; (iii) theoretical considerations of the pro...

Author(s): Dr. Pichit Patrawimolpon and Chutatong Charumilind

Published Date: June , 2001

(SP64) Soundness of Financial Instituitions and Economic Growth by Gloria O. Pasadilla

The paper surveys the relevant literature on why financial systems come about and the channels through which they influence real economic growth. Considering the relative frequency of financial cr...

Author(s): Gloria O. Pasadilla

Published Date: January , 2001

(SP61) Asset Price Inflation and its Control Measures in Selected Countries Edited by Diwa C. Guinigundo

This study aims to evaluate the extent of asset price inflation and assess its implications for goods price and financial stability; examine if the asset price cycle has fuelled or itself been fue...

Author(s): Diwa C. Guinigundo

Published Date: December , 2000

(SP63) Sustainability of External Account Deficits by Delano Villanueva and Vincent Lim Choon-Seng

This paper examines the notion of sustainability of current account deficit using the consumption smoothing approach model. Empirical evidences suggest that the current account deficits in Indones...

Author(s): Delano Villanueva and Lim Choon-Seng Vincent

Published Date: November , 2000

(SP62) Optimal Policy Mix under Financial Crisis by Delano Villanueva and Vincent Lim Choon-Seng

This paper examines ex-post solutions to the recent financial crisis. It is noted that the standard prescriptions of budgetary cuts tax increases currency depreciation and high interest rates were...

Author(s): Delano Villanueva and Vincent Lim Choon-Seng

Published Date: November , 2000

(SP60) The Effects of Government Policy And Capital Liberalisation on Private Saving in SEACEN Countries by Seung-Je Hong

This paper consists of two parts. Part I analyses the effects of government policy on the rate of private saving using both time series data and cross-country panel data for SEACEN countries. Part...

Author(s): Seung-Je Hong

Published Date: July , 1998

(SP59) The Microeconomic Dimension of Monetary Policy by Delano Villanueva

This paper which touches on the links between the macroeconomic and microeconomic dimensions of monetary management argues that bank soundness is a sine quo non of price stability (or exchange rat...

Author(s): Delano Villanueva

Published Date: January , 1997

(SP58) Exports and Economic Development by Delano Villanueva

A robust empirical determinant of long-term economic growth in many developing countries has been the expansion and diversification of the export sector. The latter in turn has been influenced by ...

Author(s): Delano Villanueva

Published Date: January , 1997

(SP57) Social and Political Factors in a Model of Endogenous Economic Growth and Distribution: An Application to the Philippines by Delano Villanueva

This paper proposes a model of endogenous economic growth and distribution explicitly incorporating social extraction and political competition with an application to the Philippine historical exp...

Author(s): Delano Villanueva

Published Date: January , 1997

(SP56) International Cooperation in Central Banking by Vicente B. Valdepeas Jr.

This paper addresses the need for cooperation in central banking and traces the evolution of the research and training activities of The SEACEN Centre. It discusses the successor generation of cen...

Author(s): Vicente B. Valdepenas Jr.

Published Date: March , 1996

(SP55) Savings Mobilization: The Case of Indonesia by Mulyana Soekarni

This paper describes the measures which have been carried out by the Indonesian Government to mobilize domestic savings and identifies the key variables explaining the behaviour of private savings...

Author(s): Mulyana Soekarni

Published Date: March , 1996

(SP54) Structural Changes and Policy Issues in ASEAN Financial Markets by Vicente B. Valdepeas Jr.

This is an update of the paper which was originally prepared by invitation for the Nineteenth Conference of the Federation of ASEAN Economic Associations hosted in Manila by the Philippine Economi...

Author(s): Vicente B. Valdepenas Jr.

Published Date: January , 1995

(SP53) Money Income Prices and Causality: The Nepalese Case by Danda Pani Paudel

This paper is aimed at reviewing briefly the monetary system in Nepal and then performing empirical tests conducive to the settlement of the disputes on the direction of causality. Accordingly the...

Author(s): Danda Pani Paudel

Published Date: October , 1994

(SP52) Market-Oriented Central Banking by Vicente B. Valdepeas Jr.

This paper was originally prepared by invitation for the International Seminar on Banking and Financial Reform in Asia Pacific hosted by the Peoples Bank of China on 15-20 September 1991 at Hangzh...

Author(s): Vicente B. Valdepenas Jr.

Published Date: August , 1994

(SP51) Exports Growth and Causality in the SEACEN Countries by Danda Pani Paudel

This paper examines the causal relationship between exports and economic growth (and vice versa) for the SEACEN Countries. Empirical tests were performed with and without component effects of expo...

Author(s): Danda Pani Paudel

Published Date: December , 1993

(SP50) Some Analytics of Migrant Earnings the Current Account and Central Bank Policies by Diwa C. Guinigundo

This paper traces the differences in some selected South East Asian countries (SEACEN) accounting system involving overseas workers remittances (OWRs) in their respective balance of payments and t...

Author(s): Diwa C. Guinigundo

Published Date: November , 1993

(SP49) Factors Affecting Savings Behaviour in SEACEN Countries by Y.M.W.B. Weerasekera

This paper attempts to identify the factors affecting savings behaviour in the SEACEN countries for the period 1970-1991 using a simple regression model. The time series data have been tested for ...

Author(s): Y.M.W.B. Weerasekera

Published Date: September , 1993

(SP48) Macroeconomic Simulation of the Impact of the EC Single Market on Korean Economy: A VAR Approach by Bambang Sindhu Wahyudi

This paper aims to study the likely impacts of the European economic integration on Korean income and exports to the Community after 1992. Unlike other studies in this field this study tries to em...

Author(s): Bambang Sindu Wahyudi

Published Date: January , 1993

(SP47) Interest Investment and Saving: A Causality Analysis by Jung-Gun Oh

This paper aims at reviewing briefly the outline of the saving-investment controversy between the Neoclassical and Keyness economics whereby empirical tests conducive to the settlement of the cont...

Author(s): Juggun Oh

Published Date: November , 1992

(SP46) Inflation in Sri Lanka: A Causality Analysis by Y.M.W.B. Weerasekera

This study examines the causes of inflation in Sri Lanka during the post-liberalization period using a three-variable Vector Autoregression (VAR) model. Quarterly time series data on inflation mon...

Author(s): Y.M.W.B. Weerasekera

Published Date: November , 1992

(SP45) Central Banking Training at The SEACEN Centre by Vicente B. Valdepeas Jr.

This is a paper delivered at the IMF-UNDP Seminar on Training of Government Officials in Techniques of Macroeconomic Management in Transition Economics: A Review of Experience and Future Needs hel...

Author(s): Dr. Vicente B. Valdepenas Jr

Published Date: August , 1992

(SP44) Tax Treatment of Financial Instruments in the SEACEN Countries by Jung-Gun Oh

This paper introduces the basic types of tax treatment of financial instruments and outlines the main features of tax treatment of financial instruments in the SEACEN countries. The results of emp...

Author(s): Juggun Oh

Published Date: March , 1992

(SP43) Globalization of Financial Markets: Its Impact on the SEACEN Countries by Than Ye

This study attempts to review the recent developments in the globalization of financial markets in the context of financial liberalization and financial innovations and to examine the impact of th...

Author(s): Than Ye

Published Date: March , 1992

(SP42) Nominal and Real Effective Exchange Rates for the SEACEN Countries by Y.M.W.B. Weerasekera

This paper explains the methodological and computational procedures adopted in the calculations of Nominal and Real Effective Exchange Rate (NEER and REER) for the SEACEN countries and presents a ...

Author(s): Y.M.W.B. Weerasekera

Published Date: February , 1992

(SP41) Exchange Rate Regimes in the SEACEN Countries by Y.M.W.B. Weerasekera

This paper examines some of the important guidelines such as the degree of openness extent of import and export diversification level of financial development and integration the domestic price st...

Author(s): Y.M.W.B. Weerasekera

Published Date: February , 1992

(SP13) Financial Innovation: Some Concepts and References to the SEACEN Countries by Gerardo S. Tison

This paper sheds some light on what constitutes an innovation in the financial sector. The conceptual aspects of the subject as developed by financial experts are presented. The paper also sets ou...

Author(s): Gerardo S. Tison

Published Date: January , 1992

(SP40) The Development of Secondary Markets in Securities in the SEACEN Countries by Thanisorn Dejthamrong

This paper attempts to assess the development and growth of secondary markets in securities in the SEACEN region up until June 1990 including an overview of the structure and characteristics of se...

Author(s): Thanisorn Dejthamrong

Published Date: March , 1991

(SP39) The Public Sector in the SEACEN Countries: An Overview by Maria L. Fres-Felix

This paper presents a regional overview of the public sector using data from selected SEACEN member countries. It is an attempt to respond to the paucity of region-wide data on the sector particul...

Author(s): Maria L. Fres-Felix

Published Date: November , 1990

(SP38) International Capital Movements in the SEACEN Countries by Bambang Sindhu Wahyudi

This paper provides some background information on the nature role management and policy of international capital inflows in the SEACEN countries as well as the relevant emerging issues

Author(s): Bambang Sindu Wahyudi

Published Date: October , 1990

(SP37) Capital Adequacy and Banking Risks in the SEACEN Countries by G.M. Abayaratna

This paper provides some background information on the nature role management and policy of international capital inflows in the SEACEN countries as well as the relevant emerging issues.

Author(s): G.M. Abayaratha

Published Date: September , 1990

(SP36) EC Single Market and ASEAN Countries by Vicente B. Valdepeas Jr.

This paper discusses some of the issues involved in the EC single market programme and its repercussions on the rest of the trading world in particular on such export-oriented communities as the A...

Author(s): Dt. Vicente B. Valdepenas Jr.

Published Date: September , 1990

(SP35) The Recent Trends in Agro-Industrial Credit Facilities: Problems and Issues in the SEACEN Countries by Azizah Talib

This paper looks into the various sources of institutional credit and analyses the problems that could arise with subsidized interest rates. Some of the central bank policies of the SEACEN countri...

Author(s): Azizah Talib

Published Date: March , 1990

(SP34) Foreign Exchange Portfolio Management: Some Background Notes by Maria L. Fres-Felix

This paper provides some background on the nature objectives techniques and strategies of foreign exchange portfolio management as well as the relevant emerging issues.

Author(s): Maria L. Fres-Felix

Published Date: December , 1989

(SP33) Services in ASEAN Economies by Vicente B. Valdepeas Jr.

This paper provides some background on the nature objectives techniques and strategies of foreign exchange portfolio management as well as the relevant emerging issues.

Author(s): Vicente B. Valdepenes Jr.

Published Date: September , 1989

(SP32) Capital Adequacy of Banks in the SEACEN Countries: An Overview by Ganesh P. Adhikary

This paper reviews some of the aspects of capital adequacy and its implications for prudential regulation in the SEACEN countries.

Author(s): Ganesh P. Adhikary

Published Date: October , 1988

(SP31) Domestic Resource Mobilization in the SEACEN Countries: A Brief Overview by Ganesh P. Adhikary

An overview on the nature and pattern of domestic resource mobilization in the SEACEN countries is provided in this paper. It also discusses the supplementary role of foreign capital some of the c...

Author(s): Ganesh P. Adhikary

Published Date: October , 1988

(SP30) A Note on Open Market Operations in the SEACEN Countries by Tumnong Dasri

This paper provides some background on the use of open market operations as a monetary instrument in the selected SEACEN countries.

Author(s): Tumnong Dasri

Published Date: September , 1988

(SP29) Exchange Market Pressure and Central Bank Policy: An Application of the Girton and Roper Monetary Model in the SEACEN Countries by Ng Beoy Kui

This paper aims to study the reaction of the SEACEN countries to external shocks during the period 1970-1984. It examines the rationales underlying the choice of various policy options adopted by ...

Author(s): Ng Boey Kui

Published Date: May , 1988

(SP28) The Development and Growth of Foreign Exchange Markets in the SEACEN Countries by Ng Beoy Kui

An attempt is made to assess and analyse the development and growth of foreign exchange markets in the SEACEN region in addition to providing an overview of the structure and characteristics of ex...

Author(s): Ng Boey Kui

Published Date: May , 1988

(SP27) The Choice of Exchange Rate Regimes and its Implications in the SEACEN Countries by Ng Beoy Kui

This study traces the historical evolution of exchange rate regimes of the SEACEN countries for the period 1970-1984 and also attempts to explain the main rationales for the adoption of the existi...

Author(s): Ng Boey Kui

Published Date: May , 1988

(SP26) ASEAN in the Ides of the Third Summit by Vicente B. Valdepeas Jr.

This paper delivered before the Japan Solidarity Committee for Asian Alumni (JASCAA) 1987 Fellowship Seminar charts out some opportunities for trade cooperation in ASEAN to the year 2000 against a...

Author(s): Vicente B. Vaidepenas Jr.

Published Date: November , 1987

(SP25) Economic Planning by Vicente B. Valdepeas Jr.

This paper delivered before the Japan Solidarity Committee for Asian Alumni (JASCAA) 1987 Fellowship Seminar charts out some opportunities for trade cooperation in ASEAN to the year 2000 against a...

Author(s): Vicente B. Vaidepenas Jr.

Published Date: November , 1987

(SP24) Variability in the Exchange Rates of Key Currencies in the 1980s by Gerardo S. Tison

Variability in the exchange rates of the worlds key currencies is a matter of concern to the SEACEN and other developing countries. This paper provides some quantitative evidence on the volatility...

Author(s): Gerardo S. Tison

Published Date: November , 1987

(SP23) Off-Balance-Sheet Operations in the SEACEN Countries: Some Issues and Implications for the Prudential Regulation by Ganesh P. Adhikary

The paper looks into the conceptual aspect of off-balance-sheet operations of banks their nature causes of their growth and their effects on the usefulness of financial statements. It also highlig...

Author(s): Ganesh P. Adhikary

Published Date: October , 1987

(SP22) Changing Trade Patterns in the SEACEN Countries by Ng Beoy Kui

This is a background note on the changing patterns and composition of external trade in the SEACEN countries. Section I of this paper examines the changing composition of both exports and imports ...

Author(s): Ng Boey Kui

Published Date: August , 1987

(SP21) Exchange Rate Changes and their Impact on the Terms of Trade of Primary Commodity Exporting Developing Countries by D.S. Wijesinghe

This study looks into the effect of exchange rate changes during 1971-1984 on the terms of trade of Sri Lanka. It examines the effects of changes in the exchange rate of major exporters and import...

Author(s): D.S. Wijesinghe

Published Date: May , 1987

(SP20) The Privatisation of Public Enterprises in the SEACEN Countries by Gerardo S. Tison

The privatisation of public sector enterprises is one activity in the 1980s which has caught the enthusiasm of both the developed and developing countries including the SEACEN member countries. Th...

Author(s): Gerardo S. Tison

Published Date: January , 1987

(SP19) The Bid Towards Economic Recovery in the SEACEN Countries by Gerardo S.Tison

The efforts to counteract the impact of recession that hits practically all countries of the world continue to be a formidable task. For the SEACEN countries in particular surmounting recessionary...

Author(s): Gerardo S. Tison

Published Date: January , 1987

(SP18) Deregulation of the Financial Sector in Developed Countries: Some Lessons for the SEACEN Countries by Ganesh P. Adhikary

A review of some of the circumstances leading to financial deregulation in several developed countries namely the United States Australia New Zealand Japan Canada and the United Kingdom is provide...

Author(s): Ganesh P. Adhikary

Published Date: December , 1986

(SP17) Export Credit Refinancing and Insurance Schemes: The Changing Perspectives and Some General Issues for Developing Countries by Ng Beoy Kui

The paper covers the evolving concept of ECRI schemes; their institutional structure and organizational framework; and the problems issues and implications related to the schemes with special refe...

Author(s): Ng Beoy Kui

Published Date: September , 1986

(SP16) Balance of Payments Prices and Output in Sri Lanka: A Simple Econometric Model by D.S. Wijesinghe

This econometric model study evaluates the effects of exchange rate and monetary policy changes on the balance of payments prices and output in Sri Lanka.

Author(s): D.S. Wijesinghe

Published Date: July , 1986

(SP15) Commercial Banking Links in ASEAN by Dahlan M. Sutalaksana

This study analyses the strength and weaknesses of the economic and financial sectors of the ASEAN countries and identifies possible prospects for greater linkages and cooperation among the ASEAN ...

Author(s): Dahlan M. Sutalaksana

Published Date: July , 1986

(SP14) Monetary Policy Reaction Functions and Sterilization Policies by D.S. Wijesinghe

The paper reviews the literature on the use of the reaction function in analysing the behavior of the monetary authorities in general and sterilization policies in particular. The major works on t...

Author(s): D.S. Wijesinghe

Published Date: June , 1986

(SP12) Some Observations on Training and Manpower Planning in a Deregulated Banking Environment by Vinyu Vichit-Vadakan

Some observations are made on the training and manpower planning of the banking sector in a deregulated environment. This paper discusses the implications of deregulation on the concept and ideas ...

Author(s): Dr. Vinyu Vichit-Vadakan

Published Date: January , 1986

(SP11) Adjustment to External Shocks in the SEACEN Countries: 1973-1984 by Dahlan M. Sutalaksana

This paper looks into the problems and issues related to adjustment to external shocks in the SEACEN countries from 1973-1984. It focuses its attention on the 1973 oil crisis and the Iranian revol...

Author(s): Dahlan M. Sutalaksana

Published Date: January , 1986

(SP10) Some Aspects of the Informal Sector in the SEACEN Countries by Ng Beoy Kui

A cursory survey on the nature and structure of the informal financial sector (IFS) in the SEACEN countries is provided in this paper. Section I gives an idea on the size and magnitude of IFS in t...

Author(s): Ng Beoy Kui

Published Date: January , 1985

(SP09) The Emergence of Non-bank Financial Institutions in the SEACEN Countries by Gerardo S. Tison

This paper traces the emergence of non-bank financial intermediaries in the SEACEN region. An indication of the size and structure of non-banks in the SEACEN region is also given. Some general iss...

Author(s): Gerardo S. Tison

Published Date: January , 1985

(SP08) Some Observations on Recent Developments in the Financial Sector in South East Asia by Vinyu Vichit-Vadakan

The financial system in the South East Asian region during the last two decades has experienced radical changes to a large extent in response to changing domestic and external conditions. This pap...

Author(s): Vinyu Vichit-Vadakan

Published Date: January , 1985

(SP07) Developments in Government External Debt in the SEACEN Countries by Zeti Akhtar Aziz

A major concern facing the world economy in recent years is the increased external indebtedness of several developing countries. This paper discusses the government external debt situation in the ...

Author(s): Zeti Akhtar Aziz

Published Date: January , 1985

(SP06) Export Performance of the SEACEN Countries: 1970-1984 by Zeti Akhtar Aziz

The most encouraging development in 1984 for developing countries in general and for the SEACEN region in particular is the improvement in the trade balance and the reduction in the current accoun...

Author(s): Zeti Akhtar Aziz

Published Date: January , 1985

(SP05) The Role of South East Asian Central Banks in Development Finance by Bimal Nath Rimall

The role of the central banks in development finance treated in this paper includes the institutional-building aspect the mobilization of funds and their allocations. This paper looks at the contr...

Author(s): Bimal Nath Rimall

Published Date: January , 1985

(SP04) Credit Planning in the SEACEN Countries by Gerardo S. Tison

This paper gives a general account of the efforts of SEACEN countries in rationalizing the flow of credit into various sectors or activities. Except for Singapore where the sectorial allocation of...

Author(s): Gerardo S. Tison

Published Date: January , 1985

(SP03) Developments in the Financial System of the SEACEN Countries: 1976-1983 by Zeti Akhtar Aziz

This paper highlights some of the major evolutionary changes which occurred in the financial systems of the SEACEN countries during the period 1976-1983 and the underlying forces that have led to ...

Author(s): Zeti Akhtar Aziz

Published Date: January , 1985

(SP02) Interest Rate Developments in the SEACEN Countries: 1980-1982 by Zeti Akhtar Aziz

Interest rates as a policy instrument in the SEACEN countries is discussed in this paper. It also provides some insights on the interest rate trends of major industrialized countries.

Author(s): Zeti Akhtar Aziz

Published Date: January , 1985

(SP01) The SEACEN Countries and their Response to the Energy Crisis by Zeti Akhtar Aziz

The world energy situation in the seventies has presented most countries including the SEACEN countries with the problem of adjusting their economies to the high cost of energy. This paper looks i...

Author(s): Zeti Akhtar Aziz

Published Date: January , 1985

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