Since its launch in September 2006, the Asian Research Programme has focused on policy-oriented studies for central banks and supervisory authorities in the Asia-Pacific region. Under the programme, the BIS Representative Office for Asia and the Pacific has co-organised a series of conferences,...

The question of whether it is cheaper for households to use electricity or gas for space heating, water heating and cooking, generates much debate in Australia. Generally, gas appliances are technically less efficient than electrical appliances, but on a per MJ basis, gas is cheaper than...