The author examines the interest rate issues within the context of the different financial structure and stages of economic growth of the various countries. The study is divided into two parts. The first part contains a description of the current systems and structure of the interest rate...

This study examines critically the current problems and issues affecting the development of capital markets in the region. It also identifies those factors which are crucial for the orderly development of a well-functioning capital market in a country.

This report reviews the current development of housing and mortgage market in the SEACEN region; identifies factors influencing housing prices and rents as well as the mortgage markets; and attempts to better understand the interactions among housing and mortgage markets with other economic...

Some techniques of credit distributions of the eight SEACEN countries are presented and discussed in this book. It looks into the objectives, and examines the conditions under which they could be successfully implemented. The relevant experiences of other developing and developed countries are...

This volume consists of three sections. The first section is on central banking which gives the pertinent provision governing this area: it includes among others, the functions, powers, reserve requirements, credit and loan policies of the eight central banks and monetary authorities. The second...

This study aims to analyse the impact of exchange rate changes on the trade balance, and to construct the effective exchange rate index using the simulated trade balance effects of the exchange rate changes as the weights. The study is divided into four sections. Section I reviews various...

This study attempts to answer the following questions with regard to member SEACEN countries: "what is the level of savings?", "what determines savings?", and "what can be done to increase savings?". These questions are asked in the light of the fact that growing debt burdens, rising public...

Based on the survey of 12 SEACEN members, a number of common and general trends can be detected in relation to the operational framework of monetary policy in the SEACEN countries. Firstly, it was found that price stability is the most important objective of monetary policy and many central...

The development of financial markets cannot be isolated from the influence of technology. Technology, especially information technology (IT), plays a dual role in the financial field - as the engine of development of financial products and as the engine of financial institution operations. The...

This collaborative research study provides the overall perspective on the role of FDI in eco- nomic development, the strategies and policies adopted, the issues, nature and scope of FDI, the economic effects of FDI and the emerging sources of FDI for the SEACEN countries. Drawing on the findings...