The efforts to counteract the impact of recession that hits practically all countries of the world continue to be a formidable task. For the SEACEN countries, in particular, surmounting recessionary pressures has remained a great challenge. This paper discusses the policy measures adopted by the...

This paper sheds some light on what constitutes an innovation in the financial sector. The conceptual aspects of the subject as developed by financial experts are presented. The paper also sets out some detailed and concrete aspects of financial innovations with special reference to developments...

Variability in the exchange rates of the world's key currencies is a matter of concern to the SEACEN and other developing countries. This paper provides some quantitative evidence on the volatility of the exchange rates of key currencies during the decade of the eighties, using some of the most...

The privatisation of public sector enterprises is one activity in the 1980s which has caught the enthusiasm of both the developed and developing countries, including the SEACEN member countries. This study provides some general understanding of the on-going privatisation efforts of the SEACEN...