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Impact of IT Revolution on The Financial Structure of The SEACEN Countries: Challenges Facing Central Banks


  • Dr. A. Farid Aulia
  • Dr. Song Ouk-Heon


This project aims to analyse the impact of IT revolution on the financial structure and the policy responses of central banks in the SEACEN countries. Since IT revolution in the SEACEN countries is still under way, it is not easy to predict the outcome of its impact at the present time, but IT is expected to substantially influence the financial markets and economy. There are several issues that the central banks in the SEACEN region needs to tackle with.

Suggested Citation

  • Dr. A. Farid Aulia & Dr. Song Ouk-Heon, 2002. "Impact of IT Revolution on The Financial Structure of The SEACEN Countries: Challenges Facing Central Banks," Research Studies, South East Asian Central Banks (SEACEN) Research and Training Centre, number rp50.
  • Handle: RePEc:sea:rstudy:rp50

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    References listed on IDEAS

    1. Carmen M. Reinhart & Graciela L. Kaminsky, 1999. "The Twin Crises: The Causes of Banking and Balance-of-Payments Problems," American Economic Review, American Economic Association, vol. 89(3), pages 473-500, June.
    2. Eichengreen, Barry & Rose, Andrew & Wyplosz, Charles, 1996. " Contagious Currency Crises: First Tests," Scandinavian Journal of Economics, Wiley Blackwell, vol. 98(4), pages 463-484, December.
    3. Reuven Glick & Michael M. Hutchison, 1999. "Banking and currency crises; how common are twins?," Proceedings, Federal Reserve Bank of San Francisco, issue Sep.
    4. Flood, Robert & Marion, Nancy, 1999. "Perspectives on the Recent Currency Crisis Literature," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 4(1), pages 1-26, January.
    5. Klein, Michael W. & Marion, Nancy P., 1997. "Explaining the duration of exchange-rate pegs," Journal of Development Economics, Elsevier, vol. 54(2), pages 387-404, December.
    6. Jason Furman & Joseph E. Stiglitz, 1998. "Economic Crises: Evidence and Insights from East Asia," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 29(2), pages 1-136.
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