Journal of Southeast Asian Economies

Publication covering economics.

Articles from Vol. 24, No. 3, December

An Empirical Examination of East Asia's Pre-Crisis Pegged Exchange Rates
I. Introduction According to conventional wisdom, the rigidity of pre-1997 pegged exchange rate regimes in East Asia was one of the main causes of the currency crisis. (1) The basis for assuming that East Asia's pre-crisis exchange rates were rigid...
Beyond the Green Myth: Borneo's Hunter-Gatherers in the Twenty-First Century
Beyond the Green Myth: Borneo's Hunter-Gatherers in the Twenty-First Century. Edited by Peter Sercombe and Bernard Sellato. Denmark: Nordic Institute of Asian Studies, 2007. Pp. 384.Recent research on the Penan, Punan, and other indigenous communities...
Challenges to the Global Trading System: Adjustment to Globalization in the Asia-Pacific Region
Challenges to the Global Trading System: Adjustment to Globalization in the Asia-Pacific Region. Edited by Peter A. Petri and Suniner J. La Croix. London and New York: Routledge, 2007. Pp. 234.The Pacific Trade and Development (PAFTAD) Conference series...
Determinants of Parallel Exchange Rate in Myanmar
I. Introduction Myanmar practices dual or multiple foreign exchange system. The official rate has been pegged to the special drawing right (SDR) of the International Monetary Fund (IMF), and it has not been devalued for more than two decades, shifting...
Go with the Gang, ASEAN!
I. Introduction Despite the progress in tariff reductions initiated by the World Trade Organization (WTO) over the past twenty years, there still exist a number of trade barriers and other problems needed to be addressed. Besides, there are conflicts...
Islamic Banking and Finance in South-East Asia: Its Development and Future
Islamic Banking and Finance in South-East Asia: Its Development and Future. By Angelo M. Venardos. Singapore: World Scientific Press, 2006. Pp. 238.Spanning more than seventy-five countries and charting an estimated average annual growth of 15 to 20...
Malaysia: From Kampung to Twin Towers
Malaysia: From Kampung to Twin Towers. By Richard Leete. Shah Alam: Oxford Fajar, 2007. Pp. 358.The publication of Malaysia: From Kampung to Twin Towers coincides with the celebrations of fifty years of Independence in Malaysia. It documents the economic...
Managing Globalization: Lessons from China and India
Managing Globalization: Lessons from China and India. Edited by David A. Kelly, Ramkishen S. Rajan, and Gillian H. L. Goh. Singapore: World Scientific, 2006. Pp. 481.China and India, two fastest-growing and most populous nations in the world, have been...
The Inclusive City: Infrastructure and Public Services for the Urban Poor in Asia
The Inclusive City: Infrastructure and Public Services for the Urban Poor in Asia. Edited by Aprodicio A. Laquian, Vinod Tewari, and Lisa M. Hanley. Washington, D.C.: Woodrow Wilson Center Press; and Baltimore, MD: The Johns Hopkins University Press,...
The Narrow Money Demand Behaviour in Indonesia, 1970-2005
I. Introduction Since the currency crisis during 1997-99 Indonesia has introduced a wide range of institutional reforms and redirected monetary policy towards maintaining price and exchange rate stability (Alamsyah et al. 2001; Bank Indonesia 2005;...
Trade Structure and Trade Flows in Cambodia: A Gravity Model
I. Introduction Cambodia's entry into the ASEAN Free Trade Area (AFTA) in 1999 offers substantial potential for its integration with international economies. Since international trade has been acknowledged as being important for developed economies...