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Financial Disintermediation and Monetary Policy

Junggun Oh

in Research Studies from South East Asian Central Banks (SEACEN) Research and Training Centre

Abstract: This paper investigates the extent of financial disintermediation in the SEACEN countries and examines the policy implications of disintermediation for monetary management. It looks into the salient features of direct financing aspects in the financial markets of the SEACEN countries and surveys the problems and issues associated with mobilising funds for direct financing. It also examines conditions necessary for the introduction of new financial instruments and the impact of disintermediation on monetary management.

Date: 1997
ISBN: 983-9553-07-0
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