The purpose of this paper is to apply Dean’s (2001) model of the ‘Asian governance triangle’ to assess the symbiosis relationships among the Chinese government finance, state-owned enterprises (SOEs) and the banking system in China. According to Dean, the relationship as a whole is fragile...

The purpose of this paper is to make attempt to assess the impact of globalization and the rise of China on ethnic Chinese business in Singapore. Globalization poses both threats and opportunities to all businesses. The major threats are the financial crisis and the severe competition on a...

The emergence of China as one of the largest trading nation provides challenges and opportunities to its neighboring ASEAN countries. In the face of the rise of China, there were concerns that ASEAN economies may be adversely affected. One of the concerns is that the world export markets of...

China has been delaying its adoption of a flexible exchange rate system with free capital flows. The main excuse is that its financial sector is still in its fragile stage and is not able to withstand any external shocks. A big bang approach towards such liberalization will only lead to...

The purpose of this paper is to analyze strategic policy implications arising from possible threats and opportunities in the face of the emergence of China as an economic powerhouse. The focus of the paper is not on the regional approach through mainly regional co-operations but more on policy...

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 is a background note on the changing patterns and composition of external trade in the SEACEN countries. Section I of this paper examines the changing composition of both exports and imports since 1970. Section II analyses the changing direction of trade, while Section III reviews the...

The paper covers the evolving concept of ECRI schemes; their institutional structure and organizational framework; and, the problems, issues and implications related to the schemes with special reference to developing countries.

A cursory survey on the nature and structure of the informal financial sector (IFS) in the SEACEN countries is provided in this paper. Section I gives an idea on the size and magnitude of IFS in the SEACEN countries. The types of credit supplied by the IFS are also examined. Section II is an...

This paper aims to study the reaction of the SEACEN countries to external shocks during the period 1970-1984. It examines the rationales underlying the choice of various policy options adopted by the SEACEN countries. In effect, the study revolves around the basic question of whether a further...