Shahid Ahmed	A note from the Editor
Stephen Y.L. Cheung and Bob Y. Chan	Bond markets in the Pacific rim: development, market structure and relevant issues in fixed-income securities markets
Kee Jin Ngiam and Lixia Loh	Developing debt markets in Singapore: rationale, challenges and prospects
Usha Thorat	Developing bond markets to diversify long-term development finance: country study of India
Thitapha Wattanapruttipaisan	SME subcontracting as a bridgehead to competitiveness: an assessment of supply-side capabilities and demand-side requirements
Ishak Yussof and Rahmah Ismail	Human resource competitiveness and inflow of foreign direct investment to the ASEAN region
Book Reviews
N.V. Lam	Capitalist development and economism in East Asia: the rise of Hong Kong, Singapore, Taiwan and South Korea
Hiren Sarkar	Models of the Chinese economy