1. From theory to visualization: general analysis framework in finance -- 2. From Micheal to Heckscher-Ohlin : ODE for capital account liberation -- 3. From European to Asian option : PDE for capital account liberation -- 4. From financial crises to currency substitution : limit cycle theory for...

This study identifies the key issues involved in the further development and deepening of financial markets in the Association of Southeast Asian Nations (ASEAN). For the smaller ASEAN countries, the first priority is the development of the banking system. In the larger ASEAN 3 economies,...

This paper examines how the 1990s capital account liberalization policy trend affected international capital flows, and tests a new hypothesis that the depth and efficiency of the domestic financial system impacts the efficacy of capital account policy. The paper exploits a recently published...