Our studies are large scale long-term comparative research projects. The topics are important and technical. Law provides key infrastructure for markets. Money markets are the lifeblood of most of the financial systems. Position finance is an essential back room operation.
Trading systems are at the heart of regional stock market integration.
Our approach is comparative since the experience of various countries can be a useful guide to policy makers. The cooperative work draws on scholars within each country or on experts in financial firms that operate in the market. The formula works well. Our study of Asian Money Markets is about the effect of government policy on money markets in Hong Kong, Indonesia, Korea, Malaysia, the Philippines, and Singapore, plus Japanese money markets before and after the second world war. Each country chapter examines the evolution of money markets under changing policy regimes.