Regional integration of the financial markets is the building-block for globalisation and internationalisation. Many regions around the world have recently been engaged in such regional economic and financial market integration to form the basis of a more complex international financial system....

This work presents results of experimental and simulation study of a solar assisted pre-cooled hybrid desiccant cooling (PHDCS) system for air conditioning applications in Pakistan. Tests were conducted on a gas fired pre-cooled hybrid desiccant cooling test rig for high humidity Karachi...

This article presents results of tests on two related hypotheses on money supply. The first relates to an unresolved issue of money endogeneity while the second centres on the yet-explored relationship between money supply and bank stock returns if money is found to be endogenous. Our results,...

While early work on money demand estimation focused primarily on the importance of domestic variables, many studies in later years have suggested that foreign variables also influence the domestic demand for money in an open economy. With the rapid financial market liberalization in some of the...

This fascinating book presents a lively discussion of key issues resulting from the recent financial crisis. The expert contributors explore why the global financial crisis occurred, how it destroyed wealth, triggered mass unemployment and created an unprecedented loss of control on employment,...

Taking an interdisciplinary approach, Vai Io Lo and Mary Hiscock, together with scholars and researchers from around the world, investigate the rise of the BRICS and assess the extent of their further development and influence from the perspectives of economics, international relations and law.

The high rate of software piracy is a growing concern for software developers as well as businesses and governments. It is argued here that the piracy rate is influenced by expected benefits and costs to the pirates. A model is developed using a set of variables that may affect such benefits and...

This book reveals significant lessons on how economic prosperity was secured for people over three decades in eight Asian countries. It focusses on the careful way in which these nations designed and implemented pro-growth, liberal economic and financial policies. A new phenomenon – namely...

This timely book examines the effects of financial liberalization in the more advanced economies of Southeast Asia. The book also analyses the degree to which emerging and transitional economies in East and South Asia can benefit from this example. The weakness of the banking sector is examined...