Against the prevailing background of an unusual capital flow reversal which is posing immense challenges to the integration of the region＇s banking sector, this study measures macro-prudential instruments affecting t...Against the prevailing background of an unusual capital flow reversal which is posing immense challenges to the integration of the region＇s banking sector, this study measures macro-prudential instruments affecting the implementation of an integrated financial service industry. This study is important at times when domestic and country-based financial policies are directed at competing goals. The interaction of macro-prudential policies with other policies, in particular monetary policies and micro-prudential policies is crucial to address systemic risk involved. There is growing recognition that prudential policies tools interact and coordinate with one another. To utilize multiple instruments seems to provide a greater assurance of effectiveness by tackling risk from various angles. As such, this study also assesses the interactions of the policies. The study also proposes a baseline model to capture systemic risk due to liquidity risk and risk because of currency devaluation.展开更多
This study presents a comprehensive impact analysis of the rotor angle stability of a proposed international connection between the Philippines and Sabah,Malaysia,as part of the Association of Southeast Asian Nations(...This study presents a comprehensive impact analysis of the rotor angle stability of a proposed international connection between the Philippines and Sabah,Malaysia,as part of the Association of Southeast Asian Nations(ASEAN)Power Grid.This study focuses on modeling and evaluating the dynamic performance of the interconnected system,considering the high penetration of renewable sources.Power flow,small signal stability,and transient stability analyses were conducted to assess the ability of the proposed linked power system models to withstand small and large disturbances,utilizing the Power Systems Analysis Toolbox(PSAT)software in MATLAB.All components used in the model are documented in the PSAT library.Currently,there is a lack of publicly available studies regarding the implementation of this specific system.Additionally,the study investigates the behavior of a system with a high penetration of renewable energy sources.Based on the findings,this study concludes that a system is generally stable when interconnection is realized,given its appropriate location and dynamic component parameters.Furthermore,the critical eigenvalues of the system also exhibited improvement as the renewable energy sources were augmented.展开更多
文摘Against the prevailing background of an unusual capital flow reversal which is posing immense challenges to the integration of the region＇s banking sector, this study measures macro-prudential instruments affecting the implementation of an integrated financial service industry. This study is important at times when domestic and country-based financial policies are directed at competing goals. The interaction of macro-prudential policies with other policies, in particular monetary policies and micro-prudential policies is crucial to address systemic risk involved. There is growing recognition that prudential policies tools interact and coordinate with one another. To utilize multiple instruments seems to provide a greater assurance of effectiveness by tackling risk from various angles. As such, this study also assesses the interactions of the policies. The study also proposes a baseline model to capture systemic risk due to liquidity risk and risk because of currency devaluation.
文摘This study presents a comprehensive impact analysis of the rotor angle stability of a proposed international connection between the Philippines and Sabah,Malaysia,as part of the Association of Southeast Asian Nations(ASEAN)Power Grid.This study focuses on modeling and evaluating the dynamic performance of the interconnected system,considering the high penetration of renewable sources.Power flow,small signal stability,and transient stability analyses were conducted to assess the ability of the proposed linked power system models to withstand small and large disturbances,utilizing the Power Systems Analysis Toolbox(PSAT)software in MATLAB.All components used in the model are documented in the PSAT library.Currently,there is a lack of publicly available studies regarding the implementation of this specific system.Additionally,the study investigates the behavior of a system with a high penetration of renewable energy sources.Based on the findings,this study concludes that a system is generally stable when interconnection is realized,given its appropriate location and dynamic component parameters.Furthermore,the critical eigenvalues of the system also exhibited improvement as the renewable energy sources were augmented.
