Degree of financial opening in the ASEAN countries : a comparison

• Main Authors: Hoo, Sik Wai, Koo, Kay Joo, Teo, Siew Gek
• Other Authors: Ng Beoy Kui
• Format: Final Year Project
• Language: English
• Published: 2014
• Subjects: DRNTU::Business
• Online Access: http://hdl.handle.net/10356/58330
• Institution: Nanyang Technological University

During the last decade, economic growth of the ASEAN countries was aided by the financial reforms undertaken. Specifically, interest rate liberalization has enabled the narrowing of interest rate differentials between domestic and world markets. In addition, the transformation from a fixed to floati...