{
  "title": "Financial Liberalization, Money Demand, and Monetary Policy in Asian Countries",
  "publication": "Occasional Papers, March 15, 1991",
  "sourceUrl": "https://www.imf.org/en/publications/occasional-papers/issues/2016/12/30/financial-liberalization-money-demand-and-monetary-policy-in-asian-countries-65",
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  "summary": "This study examines the financial reforms undertaken by nine Asian countries in the 1980s (Indonesia, Korea, Malaysia, Myanmar, Nepal, the Philippines, Singapore, Sri Lanka, and Thailand) and their implications for money demand and monetary policy.",
  "sections": [
    {
      "heading": "Overview",
      "content": "- This study examines the financial reforms undertaken by nine Asian countries in the 1980s (Indonesia, Korea, Malaysia, Myanmar, Nepal, the Philippines, Singapore, Sri Lanka, and Thailand) and their implications for money demand and monetary policy.\n- Publication date: March 15, 1991."
    },
    {
      "heading": "Key focus and scope",
      "content": "- Geographic scope: Indonesia; Korea; Malaysia; Myanmar; Nepal; the Philippines; Singapore; Sri Lanka; Thailand.\n- Core themes:\n  - Financial liberalization in the 1980s.\n  - Demand for money.\n  - Implications for monetary policy and monetary policy instruments."
    },
    {
      "heading": "Subjects and keywords",
      "content": "- Subjects: Central banks; Demand for money; Monetary aggregates; Monetary base; Monetary policy; Monetary policy instruments; Money; National accounts; Open market operations; Personal income.\n- Keywords: balance of payments viability; Demand for money; Global; interest rate; interest rate liberalization; interest rate variable; liberalization; liberalization of interest rates; market; Monetary aggregates; Monetary base; Monetary policy instruments; monetary policy reform; money demand; narrow money; OP; Open market operations; Personal income; reforms in the financial system."
    },
    {
      "heading": "Authors and citation format",
      "content": "- Authors: Robert J. Corker; Wanda S Tseng\n- Example citation (Chicago, as presented on the page): Robert J. Corker, and Wanda S Tseng. Financial Liberalization, Money Demand, and Monetary Policy in Asian Countries, (USA: International Monetary Fund, 1991) accessed 9/19/2026, https://doi.org/10.5089/9781557752208.084\n\nContent summary derived from the IMF web landing page for the publication \"Financial Liberalization, Money Demand, and Monetary Policy in Asian Countries\".\n\n---\n\n\nSource: https://www.imf.org/en/publications/occasional-papers/issues/2016/12/30/financial-liberalization-money-demand-and-monetary-policy-in-asian-countries-65"
    }
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    "Authors: Robert J Corker, Wanda S Tseng",
    "Published: March 15, 1991",
    "Series: Occasional Papers",
    "DOI: https://doi.org/10.5089/9781557752208.084",
    "This study examines the financial reforms undertaken by nine Asian countries in the 1980s (Indonesia, Korea, Malaysia, Myanmar, Nepal, the Philippines, Singapore, Sri Lanka, and Thailand) and their implications for money demand and monetary policy.",
    "Publication date: March 15, 1991.",
    "Geographic scope: Indonesia; Korea; Malaysia; Myanmar; Nepal; the Philippines; Singapore; Sri Lanka; Thailand.",
    "Core themes:",
    "Subjects: Central banks; Demand for money; Monetary aggregates; Monetary base; Monetary policy; Monetary policy instruments; Money; National accounts; Open market operations; Personal income.",
    "Keywords: balance of payments viability; Demand for money; Global; interest rate; interest rate liberalization; interest rate variable; liberalization; liberalization of interest rates; market; Monetary aggregates; Monetary base; Monetary policy instruments; monetary policy reform; money demand; narrow money; OP; Open market operations; Personal income; reforms in the financial system.",
    "Authors: Robert J. Corker; Wanda S Tseng",
    "Example citation (Chicago, as presented on the page): Robert J. Corker, and Wanda S Tseng. Financial Liberalization, Money Demand, and Monetary Policy in Asian Countries, (USA: International Monetary Fund, 1991) accessed 9/19/2026, https://doi.org/10.5089/9781557752208.084"
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