ASEAN Economic Bulletin articles from December 2003

ASEAN Economic Bulletin archives from December 2003

Measuring the technical efficiency of banks in Singapore for the period 1993-99: an application and extension of the Bauer et al. (1997) technique.
December 1, 2003... I. Introduction Over the past two decades, the measurement of financial institution efficiency using non-parametric frontier models has received considerable attention. However, while the literature on the application of data envelopment...

Exports and long-run growth in Vietnam, 1975-2001.
December 1, 2003... I. Introduction and Background The purpose of this study is to examine the long-run impact of exports on gross domestic product (GDP) growth in Vietnam in the period 1975-2001. As one of the poorest countries in the world with per capita...

ASEAN rice sector in the WTO: analysis of demand and supply in a liberalized trade environment.
December 1, 2003... I. Introduction ASEAN was founded in 1967, but regional economic co-operation formally started only in 1976, almost a decade after the association's establishment. In the area of trade and industrial co-operation, the ASEAN member...

Linking agricultural trade, land demand, and environmental externalities: case of oil palm in Southeast Asia.
December 1, 2003... I. Introduction Unlike acid rains, which characterized the transboundary environmental problems in many industrial regions of the world, the Southeast Asian region is rather prone to an international environmental pollution of a peculiar...

Capital account and foreign direct investment policies in the late nineties: what effect on trade?
December 1, 2003... I. Introduction During the last three decades, international investment has been growing at over twice the rate of international trade. Yet, as with trade, the general public does not perceive intertemporal investment and other forms of...

Myanmar's banking crisis.(Research Notes)
December 1, 2003... I. Introduction In January 2003, Myanmar began to experience what has become a prolonged financial crisis. Triggered by the collapse of a series of informal finance companies (the so-called A-kyoe-saung lou-ngan), the crisis quickly...

Framework agreement on comprehensive economic co-operation between India and ASEAN: first step towards economic integration.
December 1, 2003... I. Introduction Regional co-operation agreements in the past were regarded as precursors to inward-oriented economic blocs and, therefore, stumbling blocks to multilateral trade. However, they are now considered as complementing and having...

Realizing the ASEAN economic community by 2020: ISEAS and ASEAN-ISIS approaches.
December 1, 2003... At the 2003 ASEAN Summit in Bali, ASEAN leaders have agreed to establish an ASEAN Economic Community (AEC) by 2020. The idea of an AEC was first proposed by Singapore Prime Minister Goh Chok Tong in last year's ASEAN Summit in Phnom Penh. The...

Financial Liberalization and the Economic Crisis in Asia.(Book Review)
December 1, 2003... Edited by Chung H. Lee. London: Routledge Curzon, 2003. Pp. 233. There are a number of books on the Asian crisis, which provide detailed case studies of what went wrong with the financial reforms in Asia. This book is one of them. It forms...

Asian States, Asian Bankers: Central Banking in Southeast Asia.(Book Review)
December 1, 2003... By Natasha Hamilton-Hart. Ithaca and London: Cornell University Press, 2002. Pp. 215. Why are some countries more prone to financial crisis than others? Natasha Hamilton-Hart's innovative work on central banking in Southeast Asia accounts...

Finance for Growth: Policy Choices in a Volatile World.(Book Review)
December 1, 2003... A World Bank Policy Research Report. New York: Oxford University Press, 2001. Pp. xv+212. This book provides a coherent approach on how financial sector policies can be designed and used effectively to foster economic growth and to reduce...

The Emergence of a National Economy: an Economic History of Indonesia, 1800-2000.(Book Review)
December 1, 2003... By Howard Dick, Vincent J. H. Houben, J. Thomas Lindblad, and Thee Kian Wie. Honolulu: Asian Studies Association of Australia in association with Allen & Unwin and University of Hawaii Press, 2002. Pp. xvii + 286. This is the second book...

Extremes in the Archipelago: Trade and Economic Development in the Outer Islands of Indonesia, 1900-1942.(Book Review)
December 1, 2003... By Jeroen Touwen. Leiden: KITLV Press, 2001. Pp. 459. Although the fabled "Spice Islands" were originally located in eastern Indonesia, during Dutch colonial rule the island of Java assumed, over time, centrality of the Dutch East Indies....

Timber Booms and Institutional Breakdown in Southeast Asia.(Book Review)
December 1, 2003... By Michael L. Ross. Cambridge: Cambridge University Press, 2001. Pp. xvi + 237. A concern for tropical deforestation in three Southeast Asian countries: the Philippines, Indonesia, and Malaysia (Sabah and Sarawak) has led Ross to chronicle...