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Monetary Policy in the SEACEN Countries

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  • Azizah Talib

Abstract

This study examines the short- and long-term demand for money in the SEACEN countries to determine whether it is still stable and predictable following the external shocks and the process of financial liberalization. The paper attempts to provide a broad overview of financial reforms taking place in the SEACEN countries during the 1980s with special focus on the implementation of financial liberalization and the implications for the formulation and implementation of monetary policy.

Suggested Citation

  • Azizah Talib, 1993. "Monetary Policy in the SEACEN Countries," Research Studies, South East Asian Central Banks (SEACEN) Research and Training Centre, number rp20, April.
    • Handle: RePEc:sea:rstudy:rp20
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    File URL: https://www.seacen.org/publications/RePEc/702001-100224-PDF.pdf
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    Cited by:

    1. Ramon Moreno, 1995. "Macroeconomic behavior during periods of speculative pressure or realignment: evidence from Pacific Basin economies," Economic Review, Federal Reserve Bank of San Francisco, pages 3-16.
    2. Muzafar Shah Habibullah & Peter Smith, 1999. "Liquidity constraints and financial liberalization: the case for Asian developing countries," Applied Economics Letters, Taylor & Francis Journals, vol. 6(4), pages 259-262.

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