This paper examines the twin deficits hypothesis in the ASEAN countries. The major findings of this paper are the following. (1) Long run relationships are detected between budget and current account deficits. (2) The Keynesian view fits well for Thailand since the causality runs from budget...

In Malaysia, government intervene in the rice market using quota/tariff to effect the level and mix of consumption. The programs are known to be costly and generate economic allocative inefficiencies. The objective of this study is to contribute to the understanding of government intervention...

This paper demonstrates that the conventional approach of using official liberalisation dates as the only existing breakdates could lead to inaccurate conclusions as to the effect of the underlying liberalisation policies. It also proposes an alternative paradigm for obtaining more robust...

This dissertation consists of three independent essays, all of which are empirical treatments of different determinants of economic growth. The first essay, which is in Chapter 2, evaluates the role economic freedom plays in mediating the effect of foreign direct investment (FDI) on growth. It...