(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 the SEACEN countries. In effect the study revolves around the basic question of whether a further development of the existing foreign exchange market will…
(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 exchange markets in the region. The paper discusses some basic conditions for active exchange markets and the underlying economic constraints which hamper an…
(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 existing systems by the SEACEN countries themselves.
(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 an economic backdrop of worldwide balkanization of the international market place under the lingering pressures of global recession and resurgent protectionism. It concludes with the hope…
(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 an economic backdrop of worldwide balkanization of the international market place under the lingering pressures of global recession and resurgent protectionism. It concludes with the hope…
(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 of the exchange rates of key currencies during the decade of the eighties using some of the most popular measures of variability. It also…
(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 highlights some of the issues associated with off-balance-sheet banking and their implications for prudential regulations.
(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 since 1970. Section II analyses the changing direction of trade while Section III reviews the general growth performance and developments over the last…
(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 importers of Sri Lankas main primary commodities (tea rubber and coconuts) on the world price of the commodities.
(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. This study provides some general understanding of the on-going privatisation efforts of the SEACEN countries particularly in Malaysia the Philippines Singapore Sri Lanka and Thailand