The world spins in economic turmoil, and who can tell what will happen next? Cold numbers and simple statistical projections don't take into account social, financial, or political factors that can dramatically alter the economic course of a nation or a region. In this unique book, more than...

This paper was presented at the SEACEN Course on Banking Laws and Regulations, mounted at The SEACEN Centre on 7 - 25 November 1994. This paper surveys the major issues in planning and regulating payment systems in developing countries. The focus is on the issues affecting payment systems in...

My perspective of China's economic reform is in the context of a so-called transitional socialist economy, i.e., a centrally planned economy moving to a market-based economy. Extensive literature on this covers theories on the big-bang approach as opposed to the gradualist approach, etc. But the...