The authors explore the conduct of monetary policy in selected Asian economies, trace the economic development and structural changes which interact with effectiveness of monetary policy in these countries and seek an appropriate development path for monetary authorities in facilitating...

The ‘New Asian Economy’ is characterised by a rapidly rising role of China and India in the global economy along with further expansion of the already significant role of the Asian economies, e.g. Japan, Korea and Singapore, etc. with both positive and negative implications. This paper...