37th Federation of ASEAN (Association ofSoutheast Asian Nations) EconomicAssociations (FAEA) Annual Conference

ProgramNovember 28-29, 2012
Philippine International Convention CenterManila, The Philippines

Day 1: November 28, 201208:30 Registration
09:30 Opening Ceremony
Pambansang Awit/Opening Remarks
Keynote: The Determinants and Long‑term Projections of Saving Rates in
Developing Asia
Dr. Charles Horioka, Osaka University
10:30 Plenary Session 1: Inclusive Growth in ASEAN
Dr. Jayant Menon, Asian Development Bank
Dr. Rogier van den Brink, World Bank
11:30 Open Forum
12:00 Lunch13:30 Parallel Sessions
Panel I – Micro SMEs for Inclusive Growth
The Viability of Industry in Industrial Cluster: Still Hopes for Growth
Sri Indah Nikensari, Jakarta State University
International Regional Development: Recognizing Entrepreneurs’ Needs andPerception
Agusdin, Matarram University
The Role of Strategy and Business Environment on Firm’s Resources‑‑
Performance Relationships: The Case of Indonesia SMEs
Lena Ellitan, Widya Mandala Catholic University
The Role of Small and Medium Enterprises in Indonesia
Didik J. Rachbini, Indonesian Economists Association
Panel II – Financial and Capital Markets Development
Access to Financial Services and Poverty Reduction: What Do Indonesian
Cross‑Province Data Show?
Desthy Sianipar, Linda Nurliana and Elpiwin Adela, Bank Indonesia
International Capital Flows and Labor Migration: The Malaysian Perspective
Evelyn Devadason and Thirunaukarasu Subramaniam, University of Malaysia
Exchange Market Pressure and Degree of Intervention in Malyasia
Azlul Kalilah Zaghlol and Saadiah Mohamad, Universiti Teknologi MARA
Panel III‑ Competition Policy
Impact of Competition Policy on Merger Banks and Non‑financial Firms inIndonesia
Ni Nyoman Sawitri and Ludwina Harahap, School of Business and Management,
JakartaCompetition Law and Policy in the European Union: Some Lessons forSoutheast AsiaLino Briguglio, University of Malta
European Union Competition Law: Innovation, Hypercompetition andConsumer Welfare
William Clune, Economic Society of Singapore
Learning from Exporting: Cambodia’s ExperienceChhair Sokty, Cambodian Economic Association
Panel IV – Food Security and the Environment
The Pattern of Food Security and Economic Crisis: Evidence on ASEAN 5Countries
Lukman Hakim, Universitas Sebelas Maret Indonesia and Jauhari Dahalan, Universiti
Utara Malaysia
Economic Risk Analysis of Alternative Farming Systems for Smallholder
Farmers in Central and Northeast Thailand
Satit Aditto, Khon Kaen University; Christopher Gan and Gilbert Nartea, Lincoln
University, New Zealand
The Strategy of Rice Price Stabilization in Indonesia
Wijoyo Santoso, Nurhemi and Guruh Suryani, Bank Indonesia
Panel V – Social Protection Mechanism
Baseline Survey on Women’s Participation in Economic Activities in the Poorest
Municipality of Camarines Sur
Bernadette Gavino‑Gumba, Ateneo de Naga
Union Benefits as Part of the Inclusive Growth Strategy: The Case of Singapore
Chew Soon Beng and Aaron Neo, Nanyang Technological University/Economic Societyof Singapore
15:00 Coffee Break
16:00 FAEA Board Meeting
17:00 Cultural Trip: Tour of the Bangko Sentral ng Pilipinas Museum
18:30 Reception hosted by the Bangko Sentral ng Pilipinas

Day 2: November 29, 201208:30 Registration
09:30 Opening Ceremony
Pambansang Awit/Opening Remarks
Opening Speech
Dr. Shanaka Jayanath Peiris, International Monetary Fund
10:30 Plenary Session 2: Regional integration of financial and capital markets inASEAN
BSP Dep. Gov. Diwa Guinigundo
Dr. Eli Remolona, Bank for International Settlements
Mr. Hans Sicat, Philippine Stock Exchange
11:30 Open forum
12:00 Lunch
13:30 Parallel Sessions
Panel I – Micro SMEs for Inclusive Growth
The Impact of Global Financial Crises on SMEs: Evidence from Indonesia
EconomyTri Winarno, Central Bank of Indonesia
SMEs Access to Finance: Philippines
Rafaelita Aldaba, Philippine Institute for Development Studies
The Performance of Indonesia’s Textile Industry
Bernadette Robiani, University of Sriwijaya
Promoting Innovation Activities in Vietnamese SMEs: The Role of Local
Research Institutes
Vinh Tuong Phi, Vietnam Institute of Economics
Panel II – Financial and Capital Markets Development
Explaining Growth and Consolidation in the Micro‑finance Industry of thePhilippinesJovi Dacanay, University of Asia and the Pacific
Are There Rational Speculative Bubbles in ASEAN Stock Markets?
Gilbert Nartea, Bo Hu and Baiding Hu, Lincoln University
The Impacts of Microcredit on Poverty Reduction: Evidence from Cambodian
Rural Villages
Phim Rusinarith, UNDP Cambodia
Panel III – Food Security and the Environment
Analysis of the Implication of Contract for the Survival of Eucalyptus Oil
Business in the Regency of Buru
Hayati Hehamahua, Iqro University, Buru Maluku
Price Formation of Red Chili in Indonesia
Wijoyo Santoso, Sri Liani Suselo, Felicia Barus and Guruh Suryani, Bank Indonesia
Investigating Agricultural Productivity Improvements in Transition Economies
Supawat Rungsuriyawiboon, Thammasat University
Panel IV – Social Protection Mechanism
Social Protection in Informal Sector in Thailand
Yongyuth Chalamwong, Thailand Development Research Institute
How A Social Enterprise Enabled the Poor to Participate in Economic GrowthAgnes Banzon and Loida Mojica, UP Los Baños
Materialism and Satisfaction with Life: A Study of Emerging Urban Vietnamese
Consumers
Nguyen Thi Tuyet Mai, National Economics University, Vietnam
Panel V – Social Protection Mechanism II
Main Findings of the Pantawid Pamilya Impact Evaluation Study
Junko Onishi, The World Bank
15:00 Coffee Break
15:30 Closing Ceremonies