Commodity prices have become volatile over the past 2 decades, and their recent sharp decline has decreased the consumer price index inflation rates for most economies. While many Asian economies have benefited from low international oil and food prices, commodity exporters have suffered. Thus,...

This working paper provides an overview of migration policy analysis in academic and policy (‘grey’) literature for Southeast Asia, as well as a brief outline of the current migration policy environment in each of the eleven states of the region. [Working Paper No. 8].

The causality between energy consumption and real income in developed countries has been a very vital research topic in recent years. Raising concerns about climate change and global warming increase the pressure on policy makers to take action against energy depletion. Unfortunately these...

The standard vector error correction (VEC) model assumes the iid normal distribution of disturbance term in the model. This paper extends this assumption to include GARCH process. We call this model as VEC-GARCH model. However as the number of parameters in a VEC-GARCH model is large, the...

From 5–7 December 2011, chief justices and senior members of the Association of Southeast Asian Nations (ASEAN) judiciaries, and representatives from various governmental agencies, nongovernment organizations and civil society groups convened in an inaugural roundtable, in Jakarta, Indonesia,...

This publication reviews recent developments in East Asian local currency bond markets along with the outlook, risks, and policy options. It covers the 10 members of the Association of Southeast Asian Nations plus the People’s Republic of China; Hong Kong, China; and the Republic of Korea.