The Per Jacobsson Lectures
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From Asian to Global Financial Crisis
This page intentionally left blank FROM ASIAN TO GLOBAL FINANCIAL CRISIS This is a unique insider account of the new world of unfettered finance. The author, an Asian regulator, examines how old mindsets, market fundamental- ism, loose monetary policy, carry trade, lax supervision, greed, cronyism, and financial engineering caused both the Asian crisis of the late 1990s and the cur- rent global crisis of 2007–2009. This book shows how the Japanese zero inter- est rate policy to fight deflation helped create the carry trade that generated bubbles in Asia whose effects brought Asian economies down. The study’s main purpose is to demonstrate that global finance is so interlinked and interactive that our current tools and institutional structure to deal with critical episodes are completely outdated. The book explains how current financial policies and regulation failed to deal with a global bubble and makes recommendations on what must change. Andrew Sheng is currently the Chief Adviser to the China Banking Regulatory Commission and a Board Member of the Qatar Financial Centre Regulatory Authority, Khazanah Nasional Berhad and Sime Darby Berhad, Malaysia. He is also Adjunct Professor at the Graduate School of Economics and Management, Tsinghua University, Beijing, and at the Faculty of Economics and Administration at the University of Malaya, Kuala Lumpur. Mr Sheng was Chairman of the Securities and Futures Commission of Hong Kong from 1998 to 2005. A former central banker with Bank Negara Malaysia and Hong Kong Monetary Authority, between 2003 and 2005 he was Chairman of the Technical Committee of IOSCO, the International Organization of Securities Commissions, the standard setter for securities regulation. -
JSS 075 0A Front
JOURNAL OF THE SIAM SOCIETY 1987 VOLUME 75 THE SIAM SOCIETY PATRON His Majesty the King VICE-PATRONS Her Majesty th e Queen Her Royal Highness the Princess Mother Her Royal Highn ess Princess Maha Chakri Sirindhorn HON. PRESIDENT Her Royal Highness Princess Galyani Vadhana HON . VICE~PRESIDENTS Mr. Alexander B. G riswold Mom Kobkaew Abhakara Na Ayudhaya H .S.H. Prince Subhadradis Disk ul HON. MEMBERS The Yen. Buddhadasa Bhikkhu The Yen. Phra Rajavaramuni (Payutto) Mr. Fua Haripitak Dr. Mary R . Haas Dr. Puey Ungphakorn Soedjatmoko Dr. Sood Saengvichien H.S .H. Prince Chand Chirayu Rajani Professor William J . Gedney Professor Prawase Wasi M.D. HON. AUDITOR Mr. Yukta na Thalang HON . ARCHITECT Mr. Sirichai Narumit COUNCIL OF THE SIAM SOCIETY FOR 1987/88 M.R. Patanachai Jayant President Dr. Tern Smitinand Vice President Mr. Dacre F.A. Raikes Vice President Mrs. Katherine Buri Vice President & Honorary Treasurer Mrs. Virginia M. Di Crocco Honorary Secretary Mr. Jitkasem Sangsingkeo Honorary Librarian Mr. Sulak Sivaraksa / Honorary Editor of the JSS Dr. Rachit Buri ;y Honorary Leader of the Natural History Section Dr. Warren Brockelman .,. Honorary Editor of the NHB Mr. James Stent Honorary Officer (Asst. Honorary Treasurer) Mrs. Bonnie Davis -? Honorary Officer (Asst. Honorary Librarian) Mrs. Yarasee Rattakunjara Honorary Officer (Asst. Honorary Secretary) M.R . Narisa Chakrabongse ?' Honorary Officer (Associate Editor of the JSS) Mrs. Juliette Muscat Honorary Officer (for Special Project) Mrs. Nongyao Narumit -:J' Honorary Officer (for Public Relations) Dr. Paul P. Blackburn Dr. Thawatchai Santisuk Dr. Chak Dhanasiri Mr. Hartmut W. Schneider ' Mr. Patt Djaratbhart (P.R .N. -
University of California San Diego Professor of Economics, School of Global Policy and Strategy Affiliated Faculty, Department O
KRISLERT SAMPHANTHARAK School of Global Policy and Strategy, University of California San Diego Robinson Building Complex, 9500 Gilman Drive, La Jolla, CA 92093-0519 Phone 858.534.3078 Fax 858.534.3939 Email [email protected] Official Website: https://gps.ucsd.edu/faculty-directory/krislert-samphantharak.html Personal Website: https://sites.google.com/site/krislert/ CURRENT APPOINTMENTS University of California San Diego Professor of Economics, School of Global Policy and Strategy Affiliated Faculty, Department of Economics and Department of Political Science Puey Ungphakorn Institute for Economic Research (PIER), Bank of Thailand Advisor EDUCATION 1998 – 2003 Ph.D. and M.A. (Economics) University of Chicago Dissertation: “Internal Capital Markets in Business Groups” Committee: Robert Townsend (Chair), Pierre-André Chiappori, Per Strömberg, and Randall Kroszner 1994 – 1998 B.A. (Economics) First Class Honors with Gold Medal Chulalongkorn University, Bangkok, Thailand EXPERIENCE 2021 – Present Advisor, Tax Policy Committee, The Revenue Department, Thailand 2019 – 2021 Executive Director, Puey Ungphakorn Institute for Economic Research (PIER), Bank of Thailand 2019 – 2021 Management Committee, International Journal of Central Banking 2018 – Present Co-Editor, Journal of Southeast Asian Economies 2017 – Present Editorial Board, Asian Development Review 2016 – 2019 Associate Dean, School of Global Policy and Strategy, University of California San Diego 2015 – 2019; Founding Advisor, Puey Ungphakorn Institute for Economic Research 2021 – Present -
2013 Collection Number
Descriptive Summary for the M.S. Swaminathan Collection Title M.S. Swaminathan Collection Date 1954 - 2013 Collection Number MS001 Creator M.S. Swaminathan (born 7 August 1925) Extent 100 Cubic Ft. Repository Archives at M.S. Swaminathan Research Foundation, Chennai. Abstract M.S. Swaminathan is an agricultural scientist and plant geneticist, popularly known for his work on the ‘Green Revolution in India’. A collection of his research notes, annotated drafts, correspondences and photographs makes up the M.S. Swaminathan Collection at the Archives at M.S Swaminathan Research Foundation (MSSRF). Physical Location M.S. Swaminathan Research Foundation, Chennai. Language Represented in the Collection English, Hindi, Tamil and Japanese. Access The collection is open to researchers. Publication Rights Copyright is assigned to the M.S. Swaminathan Research Foundation. Permission for reproduction or distribution must be obtained in writing from the Archives at MSSRF. The user must obtain all necessary rights and clearances before use of material and material may only be reproduced for academic and non-commercial use. Preferred Citation Object ID, M.S. Swaminathan Collection, Archives at M.S. Swaminathan Research Foundation. Acquisition Information The material was initially located at three spaces within the Foundation: Dr. Parasuraman’s cabin (Principal Scientist associated with Coastal Systems Research at the foundation and formerly, the personal secretary of M.S. Swaminathan until 2013), the Bhoothalingam library, and office of the Chairperson at the Foundation. As of Nov. 02 2020, the bulk of the material is now in the cabin next to the office of the Executive Director. Biography Monkombu Sambasivan Swaminathan is a plant geneticist, agricultural scientist and scientific administrator. -
ANNUAL REPO T 1981-82 INSTITUTE of SO EAST ASIAN STUDIES SINGAPORE I5EJI5 Institute of Southeast Asian Studies
ANNUAL REPO T 1981-82 INSTITUTE OF SO EAST ASIAN STUDIES SINGAPORE I5EJI5 Institute of Southeast Asian Studies The Institute of Southeast Asian Studies was established as an autonomous organization in May 1968. It is a regional research centre for scholars and other specialists concerned with modern Southeast Asia . The Institute's research interest is focused on the many-faceted problems of development and modernization, and political and social change in Southeast Asia . The Institute is governed by a twenty-two-member Board of Trustees on which are represented the National University of Singapore, appointees from the government, as well as representation from a broad range of professional and civic organizations and groups. A ten man Executive Committee oversees day-to-day operations; it is chaired by the Director, the Institute's chief academic and administrative officer. Of SOUTHEAST ASIAII STUCIIES !SEAS at Heng M ui Keng Terrace, Pasir Panjang, Singapore 05 11 . Mr Brian E. Talb oys, the former New Zealand Deputy Prime Minister and Mti11ster of Foreign Affairs and Overseas Trade, arriving at the Institute to lead a Seminar on " New Zealand's Relations with Singapore and Southeast Asia". 2 Institute of Southeast Asian Studies Annual Report 1 April 1981-31 March 1982 INTRODUCTION 200 books, monographs, and papers. Its library holdings have grown to almost 150,000 books, bound periodicals, microfilms, and Founded in 1968, the Institute of Southeast Asian Studies, or microfiche, together with scores of newspapers and other current !SEAS for short, is an autonomous regional research centre for periodical literature. The Institute has sponsored more than 300 scholars and other specialists concerned with modern Southeast Research and Visiting Fellows, and several doctoral and Master's Asia, particularly its multi-faceted problems of development and ~Jraduate students from all over the world. -
Populism, Economic Policies and Central Banking
Populism, Economic Policies and Central Banking Edited by Ernest Gnan and Donato Masciandaro Contributions by Itai Agur • Carola Binder • Cristina Bodea • Claudio Borio • Italo Colantone • Federico Favaretto • Ana Carolina Garriga • Stefan Gerlach • Ernest Gnan 0DVDDNL +LJDVKLMLPD 5\V]DUG .RNRV]F]\ĔVNL -RDQQD 0DFNLHZLF]à\]LDN 1LFROiV (UQHVWR Magud • Donato Masciandaro • Luljeta Minxhozi • Massimo Morelli • Francesco Passarelli • Antonio Spilimbergo • Piero Stanig • Alejandro M. Werner A joint publication with the Bocconi University DQG%$)),&$5(),1 Supported by SUERF – Société SUERF Universitaire Européenne Conference Proceedings de Recherches Financières 2020/1 Populism, Economic Policies and Central Banking POPULISM, ECONOMIC POLICIES AND CENTRAL BANKING Edited by Ernest Gnan and Donato Masciandaro Contributions by Itai Agur, Carola Binder, Cristina Bodea, Claudio Borio, Italo Colantone, Federico Favaretto, Ana Carolina Garriga, Stefan Gerlach, Ernest Gnan, Masaaki Higashijima, Ryszard Kokoszczyński, Joanna Mackiewicz-Łyziak, Nicolás Ernesto Magud, Donato Masciandaro, Luljeta Minxhozi, Massimo Morelli, Francesco Passarelli, Antonio Spilimbergo, Piero Stanig, Alejandro M. Werner A joint publication with the Bocconi University and BAFFI CAREFIN Supported by SUERF – The European Money and Finance Forum Vienna 2020 SUERF Conference Proceedings 2020/1 CIP Populism, Economic Policies and Central Banking Editors: Ernest Gnan and Donato Masciandaro Authors: Itai Agur, Carola Binder, Cristina Bodea, Claudio Borio, Italo Colantone, Ana Carolina Garriga, Stefan Gerlach, Ernest Gnan, Federico Favaretto, Masaaki Higashijima, Ryszard Kokoszczyński, Joanna Mackiewicz-Łyziak, Nicolás Ernesto Magud, Donato Masciandaro, Luljeta Minxhozi, Massimo Morelli, Francesco Passarelli, Antonio Spilimbergo, Piero Stanig, Alejandro M. Werner Keywords: Behavioural economics, Banking policy, Populism, Economic Policy, Central bank Independence, Financial Inequality, Political Economics, Political Economy, Fiscal policy, Populism, Latin America, Institutions. -
Event to Honor Professor Dr. Puey Ungphakorn As One of the Worlds Great Personalities (18/3/2016)
Event to Honor Professor Dr. Puey Ungphakorn as One of the Worlds Great Personalities (18/3/2016) Deputy Education Minister Thirakiat Charoensethasilp has presided over the opening of an event to honor Professor Dr. Puey Ungphakorn, who has been named among the worlds great personalities by the United Nations Educational, Scientific, and Cultural Organization (UNESCO). The event took place at the Sriburapha Auditorium, Thammasat University, in Bangkok. UNESCO honors Dr. Puey on the occasion of the centenary of his birth in 2016. Thailands nomination of Dr. Puey was approved at the 38th session of the UNESCO\'s General Conference, held in Paris between 3 and 18 November 2015. His name is listed in UNESCOs Calendar of Anniversaries of Great Personalities and Historic Events, 2016-2017. Dr. Puey Ungphakorn, educator and economist (1916-1999), was former Governor of the Bank of Thailand and Rector of Thammasat University. He is widely recognized as one of the fathers of Thailands post-World War II economic development, as well as a prominent educator and civil servant of impeccable ethics, who has had a major impact on national development. Dr. Puey played a central role in the shaping of Thailands economic development and in the strengthening of its system of higher education. His capacity to strike a compromise between what was objectively possible and morally desirable was an extraordinary accomplishment. It had a particular impact on younger people, almost all of whose models have traditionally been either successful rogues, who manipulate their social environment for their own advantage, or martyrs who succumb to it. Dr. -
Handbook for International Students
Handbook for International Students THAMMASAT UNIVERSITY http://inter.tu.ac.th Table of Content Thammasat University 3 - Thammasat in history 3 - The Campus 5 - Faculty 9 - International Programs 11 - The Ofice of International Affairs 19 Academic 20 - Academic Calendar 20 - Examination and Grading 20 - Registration 23 - Adding Course 23 - Dropping Course 23 - Student ID Card 24 - Student Uniform 24 Services and Facilities 26 - Library 26 - Thammasat University Bookstore 31 - Internet Service 31 - Computer Labs 32 - Health Service 32 - Sport Complex 34 - Campus Transportation 35 Student Activities 38 1 Visa 43 - Visa Application 43 - Re-Entry Permit 46 - Changing Visa 47 Getting to Know Thailand 49 - Thai Cultural 51 - Thai Public Holidays 54 Living in Bangkok 57 - Accommodation 57 - Insurance 59 - Transportation 59 - City Buses 59 - BTS Skytrain 60 - MRT Subway Train 63 - River Boat 65 - Airport 67 - Suvarnabhumi Airport 67 - How to get from Suvarnabhumi Airport to Thammasat 72 - Don Mueang International Airport 73 - How to get from Don Mueang International 75 Airport to Thammasat - Money 75 - Food 77 - Tourist Attraction 80 - Helpful Words and Phrases 80 2 THAMMASAT UNIVERSITY Thammasat in history Thammasat University (TU), the second oldest university in Thailand, is one of the best known and respected institutions of higher learning in the country. Established in 1934, the university was originally named “The University of Moral Science and Politics”, offering academic programs in law and politics. The history of political development in Thailand can be understood from the signiicant role that Thammasat University and its students have played from the beginning until now. On many occasions, mass demonstra- tions on Thammasat’s main campus at Tha Prachan triggered events that eventually led to landmark achievements in the progress of democracy in Thailand. -
Conservation of Mangrove Forest Genetic Resourceb
CONSERVATION OF MANGROVE FOREST GENETIC RESOURCEB A TRAINING MANUAL EDITED BY SANJAY v. DESHMUKH AND V. BALAJI M.S. SWAMINATHAN RESEARCH FOUNDATION CENTRE FOR RESEARCH ON SUSTAINABLE AGRICULTURAL AND RURAL DEVELOPMENT (CRSARD), MADRAS, INDIA INTERNATIONAL TROPICAL TIMBER ORGANISATION YOKOHAMA, JAPAN 1994 INTERNATIONAL TECHNICAL STEERING COMMITTEE Prof. M.S. Swaminathan Chairman Dr. David S. Cassells mO,Japan Dr. Gary M. Burniske ITTO, Japan .Mr. R. Rajamani, lAS Secretary Ministry of Environment and Forests Government of India Representative Government of Japan Mr. Zheng Dezhang China Representative Government of Indonesia Dr. Mohamed bin Haji Ismail Malaysia Dr. H.G. Palis The Philippines Dr. KW. Sorensen UNESCO Mr. Yoshiyasu Hirayama UNEP Dr. V. Balaji Member Secretary ORGANISING COMMITTEE Chairman Prof. M.S. Swaminathan Course Director Prof. A.N. Rao Course Adviser Dr. Sanjay Deshmukh Member Dr. V. Balaji Secretariat Ms. Stella Saleth Ms. Solai Annamalai CITATION Sanjay Deshmukh and V. Balaji (Ed.s). Conservation of Mangrove Forest Genetic Resources: A Training Manual. ITTO-CRSARD Project, M.S. Swaminathan Research Foundation, Madras, India, 1994.. @CRSARD94 Centre for Research on Sustainable Agricultural and Rural Development, Madras, India COVER Mangroves at Krusadai island, in the Gulf of Mannar Marine Biosphere Reserve, Tamil Nadu, India (Photo: Dr. Sanjay Deshmukh) COVER DESIGN AND GRAPHICS MI s. Fifth Estate Communications, Pvt. Ltd., Madras MI s. Sanka Graphics Pvt. Ltd., Madras TYPESETTING AND PRINTING Mis. SBS Laser Words Pvt. Ltd., Madras; Mis. Adyar Students Xerox Pvt. Ltd., Madras MI s. Sudarshan Graphics Pvt. Ltd., Madras; MI s. Reliance Printers Pvt. Ltd., Madras CONTENTS Page No. PREFACE ix M.S. Swaminathan CONTRIBUTORS' xi I. -
DOCURENT RESUME ED 134 108 HE 008 589 AUTHOR Kong
DOCURENT RESUME ED 134 108 HE 008 589 AUTHOR Kong, Kee Poo TITLE Tertiary Students and Social Development: An Area for Direct Action--Student Rural Service Activities in Malaysia. INSTITUTION Regional Inst. of Higher Education and Develdpment, Singapore. PUB DATE 76 NOTE 85p.; For related studies, see HE 008 588-590 AVAILABLE FROMRegional Institute of Higher Education and Development, CCSD1 Building, Hen Mui Keng Terrace, Singapore 5 ($6.00j EDRS PRICE MF-$0.83 Plus Postage. HC Not Available from EDRS. DESCRIPTORS Administrative Problems; Community Development; *Community Programs; *Developing Nations; Educational Finance; Enrollment Rate; Ethnic Distribution; *Higher Education; Public Support; Rural Areas; *Rural Development; School Community Relationship; *Student Volunteers; *Universities IDENTIFIERS Kebangsaan National University of Malaysia; *Malaysia; National Institute of Technology (Malaysia); Univeristy of Malaya; University of Agriculture (Malaysia); University of Science (Malaysia) ABSTRACT The study is a survey of the different kinds of voluntary rural service (service-learning) corps of students from the institutions ot higher-laducation in-ffaraysia. Tha-lattOry, organization, and activities of the service corps are examined, and this type of student social action is viewed with reference to the role of higher education in the social development of the country. Such student service activities are also considered in the wider perspective of other developing countries throughout the world, and an overview is given of the organizational, -
Bank of Japan Equity Purchases: the (Non-)Effects of Extreme Quantitative Easing
NBER WORKING PAPER SERIES BANK OF JAPAN EQUITY PURCHASES: THE (NON-)EFFECTS OF EXTREME QUANTITATIVE EASING Ben Charoenwong Randall Morck Yupana Wiwattanakantang Working Paper 25525 http://www.nber.org/papers/w25525 NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge, MA 02138 February 2019 Previously circulated as “Asset Prices, Corporate Actions, and Bank of Japan Equity Purchases.” We are grateful to Sumit Agarwal, Francesco Franzoni, Virginia Gianinazzi, Marcin Kacperczyk, Gregor Matvos, Andrew Rose, Pietro Veronesi, Bernard Yeung, our discussants Andrea Barbon and Joe Zhang, seminar participants at the 2020 American Economic Association Meeting, 2019 European Finance Association Meeting, JSPS Core-to-Core Program: Governance Reforms from Comparative Perspectives Conference, Development Bank of Japan, Tokyo Institute of Technology, National University of Singapore, University of New South Wales, the Singapore Scholar Symposium, Bank of Thailand, the Puey Ungphakorn Institute for Economic Research, Chulalongkorn University, and NIDA University for helpful suggestions. This work was supported the NUS Start-up Grant [grant number R-315-000-119-133 to B.C.] and the Singapore Ministry of Education Tier 1 Research Grant [grant number R-315-000-127-115 to B.C.]. This paper has circulated as NBER Working Paper No. W25525. All remaining errors are ours. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research. NBER working papers are circulated for discussion and comment purposes. They have not been peer-reviewed or been subject to the review by the NBER Board of Directors that accompanies official NBER publications. © 2019 by Ben Charoenwong, Randall Morck, and Yupana Wiwattanakantang. -
Information of Directors, Executives, Chief Officers in Accounting and Finance and Company Secretary
INFORMATION OF DIRECTORS, EXECUTIVES, CHIEF OFFICERS IN ACCOUNTING AND FINANCE AND COMPANY SECRETARY 001 Board of Directors Air Chief Marshal Satitpong Sukvimol Age 71 years Position ó C>DMH>I ó 0DI?A C>DMH>IJBOCAJ>M@ 1CA MJRI ó *AHűAMJBOCA 0/ JHHDOOAABJM -MJKAMOTPMA>P 0PNO>DI>űGA!AQAGJKHAIO ó 0DI?A )JM@ C>HűAMG>DI Date of Appointment as a Director ó 0DI?A C>DMH>I>I@@DMA?OJM ŰAIAM>GJB ó *>M?C 1CA MJRI-MJKAMOTPMA>P Education/Training ó 0DI?A -MAND@AIO JPMODAMDI% * (DIŰ ó >?CAGJMJBMON*>NN JHHPID?>ODJI *>C>3>EDM>GJIŰFJMI CD>IŰ*>D2IDQAMNDOT ó 0DI?A C>DMH>IJBOCAJ>M@ ó #GTDIŰ1M>DIDIŰ0?CJJG G>NN+ -"LPDOT J )O@ >I@ ó 0LP>@MJI,BŬ?AM0?CJJG G>NN DONŰMJPKJB?JHK>IDAN>NűADIŰ ó DM#JM?A0O>BB0?CJJG G>NN >NNDŰIA@ ó DM4>M JGGAŰA G>NN 5-years Past Experiences and/or Remarkable positions Expertise ó -MDQ>OA0A?MAO>MTOJ% / %OCA MJRI ó $GJű>G>I@/AŰDJI>G,MŰ>IDU>ODJI*>I>ŰAHAIO -MDI?A ó -JGD?T0AOODIŰ>I@0OM>OAŰD?-G>IIDIŰ$GJű>G3DNDJI ó 1CA MJRI-MDI?AìN -AMNJI>GBB>DMN ó #JMADŰIBB>DMN !DQDNDJI ó )>RN ó !AKPOT)JM@ C>HűAMG>DI ó *>MFAODIŰ 1CA/JT>G%JPNACJG@PMA>P ó #DI>I?A ó !DMA?OJM 1C>DDMR>TN&IOAMI>ODJI>G ó "IQDMJIHAIO>G 0J?D>Gŵ$JQAMI>I?AJMî"0$ï -PűGD? JHK>IT)DHDOA@ Director Training Shareholdings (Ordinary Shares) (as at December 31, +JIA 2020) Board Member/Management of Other Listed ó %AG@KAMNJI>GGT+JIA Companies on The Stock Exchange of Thailand (1) ó %AG@űT0KJPNAJMHDIJM?CDG@MAI+JIA ó 0DI?A !DMA?OJM>I@*AHűAMJBOCA JMKJM>OA Family Relationship among Directors and Executives 0J?D>G/ANKJINDűDGDOT JHHDOOAA +JIA 1CA0D>H JHHAM?D>G>IF-PűGD? Support and Consult through activities related to the JHK>IT)DHDOA@ Company businesses Position in Other Company/Organization/Institution ó 0PKKJMO>I@?JINPGOJIDIIJQ>ODJIűTQDNDODIŰ?JHK>IT (6) KMJ@P?ON NAMQD?AN MANA>M?C>I@@AQAGJKHAIO ó 0DI?A %DN*>EANOTìN-MDI?DK>G-MDQ>OA ASCDűDODJIJB>GGMAG>OA@űPNDIANNAN 0A?MAO>MT PMA>PJBOCA/JT>G %JPNACJG@ Mr.