Impact of IT Revolution on The Financial Structure of The SEACEN Countries: Challenges Facing Central Banks

Abstract

This project aims to analyse the impact of IT revolution on the financial structure and the policy responses of central banks in the SEACEN countries. Since IT revolution in the SEACEN countries is still under way, it is not easy to predict the outcome of its impact at the present time, but IT is expected to substantially influence the financial markets and economy. There are several issues that the central banks in the SEACEN region needs to tackle with.