edited by Jon D Kendall (Nanyang Business School) , Park Donghyun (Nanyang Business School) , & Randolph Tan (Nanyang Business School)

This book is a compilation of papers written jointly by the staff and students of the Applied Economics Division of the Nanyang Business School. It is unique, in that all the works included are the result of an extensive, equal and mutually beneficial collaboration between the students and staff. At the same time, they embody the highest level of technical and analytical rigor, and will be immensely relevant and useful to readers interested in East Asian economic issues. In particular, this volume will prove valuable for anyone interested in both the microeconomic and macroeconomic developments affecting Singapore and ASEAN.

• Singaporean Microeconomic Issues:
  • The Price Structure of Private Property in Singapore: A Hedonic Approach (Yong Cao & M O Chee)
  • Relation Between Peformance and Fringe Benefits in the Banking Sector (J Chow & R Chew)
  • Forecasting Singapore's Share of Japanese Tourist Arrivals in ASEAN (C Sakellariou & H C Goh)
• Singaporean Macroeconomic Issues:
  • Effects of Inward Foreign Direct Investment on the Singapore Economy (B H Chan & S Rahman)
  • Singapore's Industrial Restructuring and Evolution (Y Cao & S Y Foo)
  • Portfolio Balance Approach to Exchange Rate Determination in Singapore (T S Foo & S Rahman)
• ASEAN and East Asian Economic Issues:
  • Finance and Growth in ASEAN (B K Lee & P C Chua)
  • An Econometric Model of China's Sichuan Province (D C B Lau & K Chen)
  • Analysis of the Thailand Baht: Trends and Prospects (H W Lau & J D Kendall)
• Global and Theoretical Economic Issues:
  • An Analysis of Competitiveness and Education (B Goh & H Yao)
  • Empirical Evidence on Islamic Banking: Iran, Pakistan and Sudan (W N Mong & R C Maysami)
  • Performance of Johansen's Test for Cointegration (C W Poh & R Tan)
  • and other papers