The turbulences in the international financial markets during the summer and autumn of 1998 put the price formation and liquidity provision mechanism in many markets under severe strain. As part of the large-scale portfolio rebalancing that took place, investors shifted a large part of their...

Progress on regional cooperation in Southeast Asia is often punctuated by decades rather than years. The exposure of the wider Asia-Pacific to natural hazards renders it the world’s most disaster prone. Since the Indian Ocean earthquake and tsunami in 2004, there have been three significant...