Resume of Ahmed M. Khalid

Work Home

Faculty of Business House 80, Lancewood Circuit

Bond University, Gold Coast Robina, Gold Coast

Queensland 4229, AUSTRALIA Queensland 4226, Australia

Phone (O): (617) 5595-1429 Phone (H): (617) 5593-1074

Fax (O): (617) 5595-1160

E-mail: akhalid@bond.edu.au.

PERSONAL DETIALS:

Marital Status: Married; two children

Nationality: Australian

EDUCATION:

Ph.D. (Economics), the Johns Hopkins University, Baltimore, Maryland, USA (1993).

Dissertation Title: Ricardian Equivalence in Developing Economies: The Evidence Re-examined.

M.A. (Economics), the Johns Hopkins University, Baltimore, Maryland, USA. (1990).

M.Sc. (Economics), Quaid-e-Azam University, Islamabad, Pakistan (1980).

B.Sc. (Statistics & Mathematics), Punjab University, Lahore, Pakistan (1976).

RESEARCH INTERESTS: Applied Macroeconomics and Monetary Economics; Applied Econometrics; Financial Crisis and Financial

Sector Reforms with particular reference to emerging economies in East- and South-Asia; Globalization and

Financial Market Integration; Analysis of BRICS countries

TEACHING INTEREST AND COURSES TAUGHT:

Ph.D. Level: Monetary Theory and Policy

Masters/Honours Level: Mathematical Economics Money and Banking; Topics in Money and Banking;

Bank Financial Management; Capital Markets and Institutions; Business Conditions Analysis; Monetary

Economics

Undergraduate Level: Macroeconomics; Money and Monetary Policy; Introductory Econometrics;

Microeconomics (Principles); Money and Banking; Mathematical Economics; Business Conditions

Analysis; Bank Financial Management; Fundamentals of Finance; Financial Markets and Institutions.

PROFESSIONAL EXPERIENCE:

Professor of Economics (Present), School of Business, Bond University, Gold Coast, Australia.

Professor of Economics & Finance (June 2010-December 2013), School of Business, Bond University,

Gold Coast, Australia.

Head, Department of Economics and Statistics (August 2011-August 2013), School of Business, Bond

University, Gold Coast, Australia.

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Director, Globalisation and Development Centre (GDC) (June 2012-December 2013), Faculty of Business,

Bond University, Gold Coast, Australia. Also served as Co-Director from January 2007 to June 2012.

Director, Quality Assurance of Academic Programs (August 2006 – Present), SUC, Oman.

Associate Professor of Economics & Finance (May 2001-May 2010), School of Business, Bond University,

Gold Coast, Australia.

Visiting Associate Professor of Economics (January-April 2001), Faculty of Business, Bond University,

Gold Coast, Australia

Assistant Professor (July 1998-January 2001), Department of Economics, National University of Singapore

Singapore.

Lecturer (November 1992-July 1998), Department of Economics, National University of Singapore,

Singapore.

Co-Chair, Macroeconomic Research Cluster, Lahore University of Management Sciences (LUMS, Pakistan,

December 2007 – 2009)

Acting Head, Department of Finance, Faculty of Business, Bond University, Australia, June-July 2011.

Acting Head, Department of Economics, Faculty of Business, Bond University, Australia, May-September

2005; May –September 2004; May –September 2003.

VISITING POSITIONS:

Visiting Member/Advisor, Planning Commission of Pakistan, Government of Pakistan, Islamabad, Pakistan

(January-May 2011).

Visiting Scholar, Economic Growth Center, Nayang Technological University, Singapore (January-April

2010).

Visiting Professor, Williams School of Commerce, Economics, and Politics, Washington and Lee University,

Virginia, USA (February-March 2009)

Visiting Faculty, Department of Economics, Lahore University of Management Sciences (LUMS), Lahore,

Pakistan, January-May 2004; September 2005-January 2006; October 2006-January 2007. December 2007-

February 2008, January 2009.

Visiting Scholar, Nanyang Business School, NTU, Singapore, September 2006.

Visiting Professor, Pakistan Institute of Development Economics (PIDE), Islamabad, Pakistan (invited to

teach a Ph.D. level course), September 2002-January 2003.

Visiting Scholar, Pakistan Institute of Development Economics (PIDE), Islamabad, Pakistan, under

National Talent Programme sponsored by UNDP, September-October 2002.

Visiting Consultant, the World Bank/IFC, East Asia and Pacific Division. Research collaboration

with Masahiro Kawai, Chief Economist, for a study on “Financial Market Contagion: Asia and Beyond”,

April-July 2000

Visiting Scholar, Department of Finance, University of Maastricht and Limburg Institute of Financial

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Economics (LIFE), the Netherlands, April-June, 1998.

Visiting Scholar, Monash University, Australia, Department of Finance, February-March 1998.

Keynote/Invited Lecture:

SAICON 2013 Conference, Comsats Institute of Information Technology, Islamabad

Public lecture, September 2013, ISEAS, Singapore.

Guest Speaker, GCU Conference 2013, Lahore, Pakistan

SAICON 2012 Conference, Comsats Institute of Information Technology, Islamabad

SAICON 2011 Conference, Comsats Institute of Information Technology, Lahore

SAICON 2010 Conference, Comsats Institute of Information Technology, Islamabad

International Conference on Fixed Income Securities, State Bank of Pakistan, 2007

International Conference on Monetary Policy, State Bank of Pakistan, 2006

Global Development Network (World Bank), First International Conference, Germany, 1999

RESEARCH/ADMINISTRATIVE EXPERIENCE:

Deputy Project Officer (1985-87), Food Security Management Project, U. S. Agency for

International Development (USAID), Pakistan.

Responsible for the management, implementation, monitoring, and evaluation of a major part of

this 35 million dollar project. Also served as Assistant Project Officer for the Agricultural

Commodities and Equipment Program.

Program Specialist (1983-85), Office of Agriculture & Rural Development (ARD), USAID, Pakistan.

Served as a team member in designing the Food Security Management Project. Principal financial &

economic specialist for office of ARD.

Economic Assistant (1981-83), Office of Agricultural & Rural Development (ARD), USAID, Pakistan.

Principal resource in monitoring the current agricultural and economic situation in Pakistan and

updating Chief of ARD through periodic technical reports. Also involved in extensive surveys and

data collection and compilation.

Research Assistant (1980-81), the Ford Foundation, Pakistan.

Assisted the Resident Economist on the following technical reports through data collection, computation,

and tabulation and statistical and regression analysis:

a) Evaluation of On-Farm Management Project.

b) Food Policy Model for Pakistan - using the Social Accounting Matrix.

c) Prices, Taxes, and Subsidies for Pakistan's Agriculture.

PUBLICATIONS & TECHNICAL REPORTS:

A. Journal Publications (Published/Accepted):

1. Intangible Capital in a Real Business Cycle Model, (with Syed Zahid Ali and Kashif Zaheer

Malik, Economic Modelling, Vo. 39, April 2014, 32-48.

2. It’s not Yen, Euro or Koala Bloc: Greenback is still dominant in East Asia (with Gulasekaran

Rajaguru and Frank Barbera), Australian Journal of Management, April 2014, 1-23.

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3. Trade liberalisation and growth: A threshold exploration of channels (with Rod Falvey and Neil

Foster), Journal of the Asia Pacific Economy, Vol. 18, No. 2, April 2013, 230–252.

4. Post-Keynesian Money Endogeneity: Evidence in G-7 Economies (with Badaruddin and Ariff),

Journal of International Money and Finance, 33, March 2013, 146-162.

5. Exogenous or endogenous money supply: Evidence from Australia (with Badaruddin and Ariff),

Singapore Economic Review (B), Volume 57, Number 4, 25:1-25:12, December 2012.

6. Money Supply Endogeneity and Bank Stock Returns, (with Zatul E. Badarudin and Mohamad

Ariff), Applied Financial Economics, 21 (14), 1035-1048, 2011.

7. Globalisation and Economic Integration (with Noel Gaston), International Journal of

Business and Globalisation, vol. 4, no. 4, 2010, 315-321.

8. Money supply behavior in Emerging Economies: A Comparative Analysis (with Zatul E.

Badarudin and Mohamad Ariff), Journal of the Asia Pacific Economy, 14(4), November,

2009, 331-50.

9. Bond Market Developments in Emerging Markets: Prospects and Challenges for Pakistan,

Research, Bulletin, State Bank of Pakistan, 3(1), 2007, 43-62.

10. Bond Market Developments in Emerging Market Economies: Concluding Remarks,

Research, Bulletin, State Bank of Pakistan, 3(1), 2007, 159-164.

11. Financial Market Linkages and Shocks Spillover: Evidence from Pakistan, (with Rajaguru

Gulasekaran), Pakistan Development Review, 45(4), Winter 2006, 1041-1051 (This issues

was published in December 2007).

12. Testing Twin Deficits Hypothesis: using VARs and Variance Decomposition (with

Baharumshah and Lau), Journal of the Asian Pacific Economy, vol. 11, no. 3, August 2006,

331-354.

13. Economic Growth, Inflation and Monetary Policy in Pakistan: Preliminary Empirical

Estimates, Pakistan Development Review, Vol 44, No. 4, Winter 2005, 961-974. (This issue

was officially published in December 2006).

14. Is Inflation Targeting the Best Policy Choice for Emerging Economies? A Survey of

Emerging Market Experiences and Lessons for Pakistan, Research, Bulletin, State Bank of

Pakistan, Vol. 2, no. 1, 2006, 145-165. (This was an invited paper for the Central Bank’s

annual workshop in monetary policy).

15. Financial Market Linkages in South Asia: Evidence Using a Multivariate GARCH Model (with

Gulasekaran Rajaguru), Pakistan Development Review, 43:4, Winter 2004, 585-603 (This

issue was officially published in December 2005).

16. Socio-Economic Development and Software Piracy: An Empirical Assessment (with Dyuti

Banerjee and Jan-Egbert Sturm), Applied Economics, 37(18), October 2005, 2091-98.

17. Was Financial Market Contagion the Source of Asian Financial Crisis? Evidence Using a

Multivariate VAR Model (with Masahiro Kawai), Journal of Asian Economics, 14, 2003, 133-

159 (This paper was ranked 3rd

in 2003 for the top 25 downloads for the JAE papers).

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18. Social Expenditure and Economic Growth: Evidence from Japan Using Cointegration

Techniques (with Habibullah Khan), Singapore Economic review, vol. 45, no. 1, April 2000.

19. Imports, Exports, and Economic Growth, Cointegration and Causality Tests for Singapore

(with Bay Teck Cheng), Singapore Economic Review, vol 42, no. 2, October 1999, 32-

39.

20. Modelling Money Demand for Open Economies Using ECM: The case of Selected Asian

Countries, Applied Economics, Vol 31, September 1999, 1129-1135.

21. Causality Tests of Budget and Current Account Deficits: Cross-Country Comparisons (with

Teo Wee Guan), Empirical Economics, vol 24, no.3, August 1999, 389-402.

22. Anticipated, Unanticipated Money Growth and Aggregate Output: Evidence from Malaysia

(with Habib Ahmed), Malaysian Journal of Economic Studies, vol XXXIII, no. 2, December

1996 (issue published in August 1999), 99-105.

23. Random Walk, Excess Sensitivity, and Cointegration: Testing the Robustness of RE/PIH for

ASEAN Economies, Malaysian Journal of Economic Studies, Vol. XXXII, no. 2,

December 1995.

24. Empirical Tests of Rational Expectation/Permanent Income Hypothesis: Evidence from

Pakistan, Pakistan Development Review, Vol. 33, No. 4, Winter 1994.

25. Ricardian Equivalence: Empirical Evidence from Developing Economies, Journal of

Development Economics, vol. 51, December 1996, pp: 413-432.

B. Books:

26. Regulatory Failure and the Global Financial Crisis – An Alternative Perspective (with

M. Ariff and John Farrar, edited volume), Edward Elgar Publishing Co. London, January,

2012, 234p.

27. Globalisation and Integration in Asia Pacific: Winners and Losers in the Asia-Pacific (with

Noel Gaston), edited the volume of papers, Edward Elgar Publishing Company, U.K., July 2010,

293p.

28. Liberalization and Growth in Asia: 21st Century Challenges, (with Mohamed Ariff),

Edward Elgar Publishing Company, U.K., June 2005, 399 p.

29. Liberalization, Growth and Asian Financial Crisis: Lessons for Developing and

Transitional Economies in Asia (with Mohamed Ariff), Edward Elgar Publishing co., London,

May 2000), 540 pages.

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C. Chapter in Books:

30. Australia in Asian Century: Achieving Financial Stability through Financial Market

Integration, Chapter submitted for a book on “The Australian ‘National Interest’ in the

Asian Century: Trade, Investment and Security”, World Scientific, forthcoming.

31. Trade liberalisation and growth: A threshold exploration of channels (with Road Falvey and

Neil Foster), to be published as Chapter in “Economic and Policy Developments in East

Asia”, Taylor & Francis Books, London, forthcoming. [Also published as a special issue of

JAPE.]

32. The Power of BRICS in the World Trade and Growth, Chapter submitted for a book on “The

Rise of the BRICS in the Global Political Economy: Changing Paradigms?” edited by Vai

Lo, being published by Edward Elgar publishing company, London, forthcoming, 2013

33. Global Financial Crisis - Consequences and Implication: Comparison of Developed and

Emerging Economies, in Global Financial Crisis – An Alternative View, edited by M.

Ariff, J. Farrar and A. Khalid, Edward Elgar Publishing Co. London, 2012, 104-126.

34. Globalisation and Integration in Asia Pacific: Prospects and Risks (with Noel Gaston),

Introductory chapter in Globalisation and Integration in Asia Pacific: Prospects and Risks

edited by N. Gaston and A. Khalid, Edward Elgar Publishing Company, U.K., 2010, 3-24.

35. Corruption, Governance and Economic Development in Pakistan (with Sajid Anwar), in

Corruption, Governance and Democracy in South Asia, edited by R.J. May and Binayak

Ray, Towards Freedom, India, June 2006, 126-162.

36. Twin Deficits in South Asian Economies: Observations and Empirical Evidence, in India and

South Asia: Economic developments in the Age of Globalization, edited by Anjum

Siddiqui, ME Sharpe Inc (USA), December, 2006, 93-116.

37. Financial Sector Developments: Strategies and Challenges (with Amina Tyabji), in “Singapore

in the 21st Century: Prospects and Challenges”, McGraw-Hill Publishing Company,

Singapore, May 2002.

38. Financial Programming for the Economy, in “20th SEANZA Central Banking Course”, State

Bank of Pakistan, Karachi, October 1995 (This was an invited paper for the above course).

39. Monetary and Financial Reforms during Transition towards Market Economy: The Vietnam

Experience (with I.U. Mangla), in "The Management and Transition towards a Market

Economy: The Asian Perspective", edited by A. Chin & L. Ding, World Scientific

Publishing, 1996.

D. Journal Publications (Submitted/being Submitted)

1. Impact of political events on financial market volatility: Empirical evidence using Markov

switching process and Granger causality (with Gulasekaran Rajaguru), Singapore Economic

Review, Submitted.

2. Are bank stock prices affected by changes in money supply? (with Badaruddin and Ariff),

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Empirical Economics, (with Badaruddin and Ariff), Submitted.

3. Deficit financing in a monetary economy: Debt neutrality hypothesis revisited, prepared for

submission to the Journal of Development Economics, being revised for submission.

4. Market Development for Fixed Income securities: The Role of Socio-economic and

Institutional Factors (with Gulasekaran Rajaguru), Australian Journal of Management,

under revision.

5. House price and mortgage market dynamics: Evidence from the U.S. housing bubble (with

Frank Barbera), Applied Economics, prepared for submission to Applied Economics, being

submitted.

6. Mortgage market home price drivers: New results from US market (with Frank Barbera). Paper

prepared for submission to Applied Economics, being submitted.

7. Should central bank holdings of government debt be limited? (with Hongthang Nguyen). Paper

prepared for submission to the Journal of Money, Credit and Banking, being submitted.

8. Currency Arrangements for East Asia: An anchor or basket? (With Gulasekaran). Being

submitted to Applied Economics.

9. Financial market integration in Asia: Evidence from Asia using multivariate GARCH approach

(with Gulasekaran Rajaguru), revised and being submitted to Journal of Asian Economics,

submitted.

E. Monographs/ Technical Reports:

1. The Choice of an Anchor Currency Under a Tri-Polar Regime: The Case of South Asian

Countries (with Ali Kemal), Study Commissioned by the Pakistan Institute of Development

Economics (PIDE) and funded by the UNDP under TOKTEN, PIDE/TOKTEN Series No.

1, June 2005.

2. Corporate Governance of Banks in Pakistan: Recent Developments and Regional Comparisons

(with M. Nadeem Hanif), Study Commissioned by the Citi-Group and the Lahore University

of Management Sciences (LUMS). CMER Working Paper No. 05-42, October 2005.

F. Working Papers:

3. Trade Liberalization, Growth and Investment: A Sensitivity Analysis for Selected Southeast

Asian Economies, final project completion report submitted to National University of

Singapore, October 2001.

4. Financial Market Contagion: Asia and Beyond, (with Masahiro Kawai), Consultancy report

submitted to the World Bank, Washington, D.C., November 2000.

5. APEC Growth Recovery Initiatives: A Survey of Singapore (with Reza Y Siregar and Tilak

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Abeysinghe), Report commissioned by the Asian Development Bank, Manila, the

Philippines, March 2000.

6. Policy Response to the “Crisis” in Thailand, Malaysia and Indonesia: A Brief Assessment,

Report commissioned by the Asian Development Bank, Manila, the Philippines, November

1999.

7. Financial Liberalization in South Asia: Lessons for East- and South-Asian Emerging

Economies, final project report submitted to the National University of Singapore March

1999.

G. Other Publications:

8. Liberalization and the Asian Financial Crisis, NUS Economic Journal, Vol 35,

1998/99, 61-68.

9. Myanmar and Regional Economic Groups, ISEAS Trends issue published in Business Times,

Weekend Edition, January31-February1, 1998.

10. Investment Flow to Pakistan: Prospects and Challenges, The Strait Times, Singapore, March

10, 1995.

11. Ricardian Neutrality in Developing Economies: The Evidence Re-examined, Unpublished

Ph.D. Dissertation, The Johns Hopkins University, Baltimore, USA, September 1992.

12. Pakistan: Edible Oil Supply and Consumption: A Discussion Paper, Unpublished technical

report, USAID, Pakistan, March 1983.

13. Input-Output Table for Pakistan's Economy: 1975-76, (co-authored preliminary report),

Pakistan Institute of Development Economics, July 1982.

14. Pakistan's Agricultural Data Book, USAID, Pakistan, June 1982.

15. The Determinants of Money-Multiplier: A Case Study of Pakistan, M.Sc. Thesis,

Quaid-e-Azam University, March 1980.

H. Research in Progress:

16. Explaining Growth Variations.

17. Sequencing of Financial reforms in Theory and Practice: Evidence from Asia (with Mohamed

Ariff).

18. Asian Miracle to Asian Crisis and the Role of Financial Liberalization: Evidence from Selected

Asian Economies, being revised.

19. Imports, Exports and Economic Growth. Are They Related? : Evidence from East Asia using

VARs, being Revised

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RESEARCH GRANTS AND AWARDS:

2011: Honorarium paid by U.K. Department of International Development (DFID) under Oxford based

International Growth centre in acknowledge of completing a report on New Growth Strategy for Pakistan.

2009 Vice-Chancellor’s Quality Award – Postgraduate Thesis Supervision

2009 VC’s Research Grant (A$5,500), Bond University (winner of the forth VC’s research grant)

2008 VC’s Research Grant (A$5,000), Bond University (winner of the third VC’s research grant)

Seed Funding for Symposium on ‘Analysing Reforms in Asia ($15,000), Business School, Bond University

(with Mohamed Ariff).

Seed Funding to initiate Macro Research Cluster at LUMS ($10,000), Lahore University of Management

Sciences, Lahore, Pakistan.

2007 VC’s Research Grant (A$3500), Bond University (winner of the second VC’s research grant)

2006 VC’s Research Grant (A$5685), Bond University (winner of the first VC’s research grant)

Bond University Research/Conference Funding, 2002-2008.

Citi-Group/CMER Research Grant (PR120,000), 2004.

UNDP/TOKTEN Travel/Research Grant, 2002 (US$3,000).

NUS Research Grant (S$ 15,775), Trade Liberalization Project, 1998-2000.

NUS Research Grant (S$ 17,250), Financial Liberalization Project, 1996-99.

Graduate Assistantship, Department of Economics, the Johns Hopkins University, 1991-92.

Private Sector Scholarship, United States Agency for International Development, 1987-91.

Superior Performance Award, USAID, Washington, D.C., 1987.

Performance Certificate, USAID, Pakistan, September 1982.

Merit Scholarship, Quaid-e-Azam University, Pakistan, 1977-1980.

THESIS SUPERVISION: Agreed to supervise one new PhD students in Economics and Finance (expected to start in February 2014)

Supervising three Ph.D. theses (Economics and finance).

Supervised one Ph.D. thesis with successful completion in 2014

Supervised one M. Com. Hon (Economics) thesis in 2009

Supervised one Ph.D. thesis with successful completion in 2009

Supervised a number of internship projects and independent research at Bond University

External evaluator for a number of PhD and DBA theses in Australia and overseas.

Co-supervising one Ph.D. thesis at IIU, Islamabad, Pakistan

Supervised one Ph.D. Thesis, National University of Singapore

Supervised four Masters’ Thesis, National University of Singapore

Supervised 14 Honors Thesis (five of them received first class honors), NUS, Singapore

Supervised 3 internship projects at Bond University

PROFESSIONAL SERVICES: Associate Editor, Singapore Economic Review

Member, Editorial Board, International Journal of Banking and Finance

Member, Editorial Board, Business and Economics Journal (USA)

Member, Editorial Board, Journal of South Asian Studies

Member, Editorial Board, International Journal of Business Advancement in South Asia, George

Washington University (New journal to be published by Emerald Publisher, USA)

Member, Editorial Board, Pakistan Journal of Commerce and Social sciences

Member, Editorial Advisory Board, Lahore Journal of Economics

Member, Panel of External Evaluator (for Ph.D. program), Pakistan Institute of Development Economics

Member, Panel of External Referees, SBP Research Bulleting

Refereed paper for the following journals:

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International Economic Journal; Empirical Economics; The World Development (UK); Applied Economics

(UK); Economica; Asia Pacific Journal of Economics and Business (Australia); Journal of Economic

Integration (Korea); Journal of Empirical Finance, Singapore Economic Review (Singapore); Journal of Asia

Pacific Business (USA); ASEAN Economic Bulletin (Singapore); Pakistan Development Review (Pakistan);

and Malaysian Journal of Economic Studies (Malaysia); Bulletin of Economic Research; Business and

Economics Journal; Emerging Markets Finance and Trade; Global Journal of Economics and Finance;

International Trade and Global Markets; International Journal of Business; Pakistan Development Review;

South Asian Journal of Global Business Research; Singapore Economic Review; Technological and Economic

Development of the Economy

Refereed books/chapters for the following publishers:

Edward Elgar Publishing Co, U.K.

Prentice-Hall Publishing Co., Singapore

Singapore University Press, Singapore

Harcourt (Thomson Learning), Australia.

CONSULTANCY WORK:

Consultant, CitiGroup-CMER, for Project and workshop on ‘Corporate Governance in Pakistan:

Regulation, Supervision and Performance’ Lahore, March - May 2004.

Visiting Consultant, UNDP-TOKTEN, Pakistan, September –October 2002.

Consultant, Asian Development Bank (ADB), Manila, the Philippines. Collaborated with Y.C. Park on a

report on “Impact of Policy Responses to the Asian Crises: Experience of Indonesia, Malaysia and

Thailand”, October 1999.

Consultant, Asian Development Bank (ADB), Manila, the Philippines. Collaborated with Reza Siregar

and Tilak Abeysinghe on a report on “Financial Sector Restructuring in Singapore: Issues for the 21st

Century”, March 2000.

LEADERSHIP IN TEACHING

Coordinator, for a Course on “Prudential Regulations in the Banking Sector”, jointly Organized by the

Economic Executive Programme (EEP), Department of Economics, National University of Singapore

and the Ministry of Foreign Affairs, Singapore and held from 15-19 November 1999. Participants

included mid-level central bank officials from ASAEN economies.

Coordinator, for a Course on “ASEAN Economies”, jointly Organized by the Economic Executive

Programme (EEP), Department of Economics, National University of Singapore and the Ministry of

Foreign Affairs, Singapore. Participants included mid-level economists and policy makers from ASAEN

economies. Course held in Singapore from 31 July to 4 August 2000.

Coordinator, for a Course on “Banking and Finance for Central Asia”, jointly organized by the Economic

Executive Programme (EEP), Department of Economics, National University of Singapore and the

Ministry of Foreign Affairs, Singapore. Participants included mid-level central bankers, economists

and policy makers from Central Asian and new ASEAN member countries. Course

held in Singapore from 4-9 September, 2000.

Invited Lecture, Myanmar’s Membership to AFTA/APEC: Issues Involved in Economic Diplomacy,

at the workshop “AFTA/APEC: Planning Issues for Myanmar’s Eventual Membership” sponsored by

Hanns-Seidel Foundation, Yangoon, Myanmar, June 6-7, 1996.

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Visiting Specialist, Module I, 20th SEANZA Course on Macroeconomic Policy Framework, Economic

Development, and Financial Management, Karachi, Pakistan, October 1994.

CONFERENCE PRESENTATIONS

29th

AGM of the Pakistan Society of Development Economists, Islamabad, 19-21

December 2013. Participated as a Chair and Discussant.

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th SAICON 2013 on Management, Innovation, Leadership, Economics, and Strategy, 4-6

December 2013, Pearl-Continental Hotel Bhurbon, Pakistan [Guest Speaker]. Presented paper on

“Growth, Economic Management and Poverty Reduction: A Global Perspective with a focus on Pakistan”

Public Talk at Institute of Southeast Asian Studies, 16th

September 2013, The Rise of

BRICS and the Growth Spillovers for Emerging Economies: Implications for South East

Asia. [Also presented the same at Nanyang Technological University under One Asia

Foundation lecture Series, 18 September 2013.]

GCU Conference on Institutions, Growth and Development in Pakistan, 2-3 May

2013. Participated as a Guest Speaker and Panelist.

4

th SAICON 2012 on Emerging Knowledge Economy in the 21

st century: Opportunities and

Challenges, 5-7 December 2012, Pearl-Continental Hotel Bhurbon, Pakistan [Invited Keynote

Speaker].

13th

International Convention of the East Asian Economic Association, Singapore, 19-21

October 2012

Tim Fischer Centre Conference on ‘The Rise of the BRICS in the Global Political Economy:

Changing Paradigms’ Bond University, 10-11 August, 2012. Rise of

72nd

International Atlantic Economic Conference, Istanbul, Turkey, 28-31 March 2012

3rd SAICON 2011on International Conference on Management, Business Ethics and

Economics (ICMBEE), 28-29 December 2011, Pearl-Continental Hotel Lahore, Pakistan Lahore,

Pakistan, [Invited Keynote Speaker].

27th AGM and Annual Conference of the Pakistan Society of Development Economists on “

Economic Growth and Development: New Directions”, 13-15 December 2011, Islamabad,

Pakistan, [Participant and Discussant for a Keynote Speaker].

NTU-GDC Joint workshop on ‘Economic and Policy Developments in East Asia, 13-14

October 2011, Bond University, Australia, [Participant and Organiser].

NTU-GMU CLASS workshop on Global Movement of Ideas, People and Resources: Towards

Robust and Sustainable Growth, Paper presented: It’s not Yen Bloc or Koala Bloc: Greenback is

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Still Dominant in East Asia, October 11th – 12

th 2010, Nanyang Technological University,

Singapore.

12th

East Asian Economic Association Conference, Paper presented: MARKET

DEVELOPMENT FOR FIXED INCOME SECURITIES: THE ROLE OF SOCIO-ECONOMIC

AND INSTITUTIONAL FACTORS, Seoul, South Korea, 2-3 October 2010.

2nd International conference (SAICON2010) on Nurturing Innovation, Entrepreneurship,

Investments, & Public-private Partnerships – in Global Environment, Paper presented: The Recent

Global Financial Crisis: Implications for Emerging and Developing Economies, Bhurban,

Pakistan, July 21 -23, 2010.

Symposium: Global Financial Crisis: The Way Forward, Paper presented: Origin,

Consequence and Cost of the Crisis, Friday 9th April 2010, Bond University Post Graduate Centre

Sydney.

2nd

Singapore Economic review Conference, Singapore, 6-8 August 2009.

2nd

Singapore Economic review Conference, Singapore, 2-4 August 2007.

2nd

SBP International Conference on “Fixed Income Market Development in Emerging

Economies”, State Bank of Pakistan, Karachi, Pakistan, 18-19 December 2006.

22nd

AGM of the Pakistan Society of Development Economists, Lahore, Pakistan, 20-23

December, 2006.

10th Meeting of East Asian Economic Association, Beijing, China, 17-19 November, 2006.

Financial Market Contagion: Evidence from Asia Using Fraction Co-integration and Multivariate

GARCH Approach (with Gulasekaran Rajaguru), Paper presented at the Asian Finance

Association Conference 2006, Auckland, New Zealand, 16-18 July 2006.

Economic Growth, Inflation and Monetary Policy in Pakistan: Preliminary Empirical Estimates.

Paper presented at the 21st Annual Meeting of the Pakistan Society of Development Economists

(PSDE), Islamabad, Pakistan, 19-21 December 2005.

Is Inflation Targeting the Best Policy Choice for Emerging Economies? A Survey of Emerging

Market Experiences and Lessons for Pakistan. Paper presents at State Bank of Pakistan

conference on “Monetary-cum-Exchange Rate Regime: What Works Best for Emerging

Markets?” Karachi, Pakistan, 14-15 October 2005.

Financial Market Linkages or spillovers: Evidence from Asia Using Multivariate GARCH Approach.

Paper presented at the Asian Finance Association Conference 2005, Kuala Lumpur, Malaysia, 11-

13 July 2005. Also presented at the International Conference on Finance, Copenhagen, 2-4

September 2005.

Financial Market Linkages in South Asia: Evidence Using a Multivariate GARCH Model (with

Rajaguru Gulasekaran), Paper presented at the 20th Annual Meeting of the Pakistan Society of

Development Economists (PSDE) held in Islamabad, Pakistan, 13-15 January 2005.

Banking Crises: Prediction, Prescription and Policy Responses (with Lina Irawati), Paper presented

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at the 2004 ESAM, Melbourne, Australia.

Macroeconomic Effects of Financial Reforms in Pakistan, Paper presented at the 19th

Annual

Meeting of the Pakistan Society of Development Economists (PSDE), held in Islamabad,

Pakistan, 14-16 January 2004.

Contagion Effects of Asian Financial Crisis: Implications for South Asia, Paper presented at the

South and South-east Asian Econometric Society Conference, 28-30 December, 2002, Lahore

University of Management Sciences, Lahore Pakistan.

Was Financial Contagion the source of Asian Crisis? Paper presented at the 8th

East Asian

Economic Association (EAEA) meeting held in Kuala Lumpur, 3-5 November 2002.

Global Impact of the Asian Financial Crises, Royal Statistical Society’s Annual Meeting, held in

United Kingdom. 3-6 September, 2002

Contagion Effect from the Asian Financial Crisis: Sectoral Analysis, Paper presented at the 1999

World Bank Global Development Network (GDN) conference Bonn, Germany, December 5-9,

1999.

Contagion Effect of Asian Financial Crisis: What has to be done next? presented at the 1999 Far-

Eastern Meeting of the Econometric Society (FEMES) held in Singapore, 1-2 July 1999. Also

presented at the 1999 Asia-Pacific Finance Association Conference (APFA), RMIT University,

Melbourne, Australia, 11-14 July 1999.

Asian Miracle to Asian Crisis and the Role of Financial Liberalization: Evidence from Selected

Asian Economies. Presented at the 1999 Australasian Meeting of the Econometric Society

(ESAM) to be held at University of Technology, Sydney, Australia, 7-9 July 1999. Also accepted

for presentation at the 12 World Congress of the International Economic Association, held at

Buenos Aires, 23-27 August 1999.

The Impact of and Policy Responses to the Regional Economic Crisis, paper presented at the

Economic Society of Singapore Conference on “Understanding the Singapore’s Economy”,

August 22, 1998, Singapore.

Imports, Exports, and Economic Growth: Are They Related? Evidence from Singapore, Paper

presented at the Far Eastern Econometric Conference, Hong Kong, July 24-26, 1997.

Savings, Investment and Financial Liberalization: A Case Study of Singapore, Paper presented at the

International Conference on the Economic Development and Transformation of the East Asian

Economies, Hong Kong, July 27-28, 1997.

Macroeconomic Effects of Financial Liberalization: Evidence from Southeast Asian Economies,

Paper presented at the 1997 Annual Conference of the ESRC-sponsored Development

Economics Study Group, Birmingham, UK, September 4-6, 1997.

Budget Deficits Vs Current Account Deficits: Testing the Long-Run Relationship for Selected

Developing Countries (with Teo Wee Guan), presented at the India and South Asia Econometric

Society Conference, Centre for Economic Development, New Delhi, India, December 28-30, 1996.

Modelling Money Demand for Open Economies Using ECM: The case of Selected Asian Countries

(with Loh Ka Leung, Stanley), presented at the North American Economics and Finance

14

Association (NAEFA) held at San Francisco, USA, January 5-7, 1996. Also presented at Fourth

Malaysian Econometric Conference, Kuala Lumpur, Malaysia, October 9-10, 1996.

Financial Liberalization and Money Demand: Estimates for Pakistan, presented at the International

Conference on Management Sciences, Lahore University of Management Sciences, Lahore,

Pakistan, June 26-29, 1996.

Monetary, Financial, and Fiscal Sectors Development in Vietnam, Paper presented at the 3rd

Workshop on Economic Management and Transition towards a Market Economy, Singapore,

October 1994.

Inflationary Financing of Fiscal Deficits in Developing Countries, presented at the 7th World

Econometric Congress held in Tokyo, Japan, August 22-29, 1995. An earlier version of this

paper was presented at the Second International Conference on Economic Modelling for Asia-

Pacific, Sydney, Australia, August 24- 26, 1994.

SEMINAR PRESENTATIONS

Papers presented at seminars at the following universities/institutions:

Deakin University, Australia

Washington and Lee University, USA

Virginia Military Institute, Lexington, USA

GIFT University, Pakistan

University of South Australia,

Economic Growth Centre, Nanyang Technological University, Singapore

La Trobe University, Melbourne, Australia

Bond University, Faculty of Business, Australia

University of Queensland (UQ), Australia

Griffith University, School of International Business, Australia

University of New Castle, Australia

Monash University, Department of Econometrics, Clayton Campus, Australia

Monash University, Department of Economics, Clayton Campus, Australia.

Monash University, School of Banking and Finance, Caulfield Campus, Australia

National University of Singapore (NUS), Singapore

Singapore Management University (SMU), Singapore.

University of Masstricht, the Netherland.

Lahore University of Management Sciences (LUMS), Lahore, Pakistan

Pakistan Institute of Development Economics (PIDE), Islamabad, Pakistan

UNIVERSITY/CUMMUNITY SERVICE:

Director, Globalisation and Development Centre

Member, Review Panel for the review of Tim Fischer Centre

Prepared a proposal for Bond EMBA program for Sur University College, Oman

Director, Quality Assurance of Academic Programs (August 2006 – Present), SUC, Oman.

Member, Interview Panel and Selection Committee (2007), Senior faculty position – Finance

Member, Interview Panel and Selection Committee (2007), Faculty position – Economics

Member, Interview Panel and Selection Committee (2007), Faculty position – Statistics

Member, Research Committee (2004 – 2006), Faculty of Business, Bond University, Australia.

Member, Academic Committee (2004 – 2006), Faculty of Business, Bond University, Australia.

15

Member, Interview Panel and Selection Committee (2006-), Faculty position – Professor of Finance

Member, Interview Panel and Selection Committee (2006), Faculty position – Professor of International

Business

Member, Interview Panel (2005), Faculty position – Deputy Dean of Business

Member, University Ethics Committee, September 2004 – August 2005, Bond University, Australia.

Member, Faculty Plagiarism Tribunal, Business School (various occasions).

Member and Business Faculty representative, Transition Committee (2005) - (to deal with issues arising

as a result of merger of IT and Business faculties).

Member, AQUA Committee, September 2003 – August 2004, Faculty of Business, Bond University,

Australia.

Member, Ph.D. Review Committee, Faculty of Business, Bond University, Australia.

Seminar Coordinator, School of Business, Bond University, Australia, January-September 2002

Member, Undergraduate Business Program Review Committee, School of Business, Bond University,

Australia

Joint Coordinator, Honour’s Programme, National University of Singapore (NUS), Singapore, 1999-2000.

Editor, Economics Newsletter, Department of Economics, National University of Singapore, 1998-99

Associate Editor, Economics Newsletter, Department of Economics, National University of Singapore,

1993-94 & 1995-97

Member, Local Organizing Committee, Far-Eastern Econometric Society Conference held in Singapore in

July 1-3, 1999

Member, Post-graduate Committee, Department of Economics, NUS, 1998-99, 1999-2000

Member, Center for the Study of Transitional Economies (CSTE), Department of Economics, National

University of Singapore, 1993-94

Member, Economic Management Series for Executives (EMSE), Department of Economics, National

University of Singapore, 1994-95

Departmental Representative, Faculty Public Relations Committee, 1996-97, 1997-98

Panel Judge, National Economic Quiz 1994 & 1995, National University of Singapore, Singapore

Course Coordinator, Money & Banking (Master’s), 1998-99, NUS

Course Coordinator, Topics in Money & Banking (Honor’s), 1995-96, 1997-2000, NUS

Course Coordinator, Money & Banking I, Special Term 1996-97, 1998-99, NUS

Course Coordinator, Mathematical Economics (2nd year), 1993-94, NUS

Course Coordinator, Mathematical Economics (Honor’s), 1993-94, NUS

Coordinator, Public Relations Committee, Department of Economics, NUS, 1998-99

TRAINING:

Project Implementation Course sponsored by USAID/Washington held in Karachi, Pakistan,

Oct-Nov 1985.

Project Analysis for Agriculture & Rural Development, USDA, Washington, D.C. April-June 1984.

COMPUTER SKILLS:

Extensive knowledge of and experience in Lotus 1-2-3, Excel, Microsoft Word, WordPerfect,

and TSP (mainframe), TSP (micro), Eviews, and MicroFit

Working knowledge of RATS and DBase.

PROFESSIONAL AFFILIATIONS:

Life Member, Economic Society of Singapore

Member, The Econometric Society

Member, The Economic Society of Australia

Member, American Economic Association

Member, Pakistan Society of Development Economists

Member, International Banking, Economics and Finance Association

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Contact details of Proposed Referees

Professor Noel Gaston, Ph.D. (Cornell) Research Professor and Director, Centre for Asian Business

Curtin Business School

Office 304A, Level 3, Building 407

GPO Box U1987, Perth WA 6845

Perth, Australia

Telephone: 61 8 92663359

Fax: 61 8 92664027

E-mail: Noel.Gaston@curtin.edu.au

Professor Arthur H. Goldsmith Jackson T. Stephens Professor of Economics

Associate Editor, Journal of Socio Economics

School of Commerce, Economics, and Politics, Room 213

Washington and Lee University

Lexington, VA 24450

Telephone: (540) 458-8970

Fax: (540) 458-8639

E-mail: GoldsmithA@wlu.edu

Professor Euston Quah Head, Division of Economics& Associate Chair (Research)

Editor, Singapore Economic Review

Nanyang Technological University

Nanyang Avenue, Singapore 639798

Phone: (65) 6790-6431; Fax: (65) 6794-6303

Email: ecsquahe@ntu.edu.sg