Faculty of Arts and Social Sciences
Faculty Profiles

National University of Singapore
10 Kent Ridge Crescent, Singapore 119260

Office: AS3/06-15
Email: seatcd@nus.edu.sg
Tel: 6516 6247
Fax: 6777 6608
Homepage: http://profile.nus.edu.sg/fass/seatcd/
| Brief Introduction | Teaching Areas | Current Research | Research Interests | Publications | Other Information

Brief Introduction Top

Dr. Teofilo Daquila teaches at the National University of Singapore in the Southeast Asian Studies Programme. He had previous teaching and research appointments at Chulalongkorn University, George Washington University, University of Melbourne, Deakin University, Australian National University, National University of Singapore, El Colegio de Mexico, Nordic Institute for Asian Studies, University of Munich, and Korea University.


  • Ph. D., Economics, Australian National University
    (Thesis: Macroeconomic Policy and Its Impact on the Philippine Economy).
  • M.A., Economics (with Distinction), University of the Philippines School of Economics and Catholic University of Leuven, Belgium, (Thesis: The Markets for Money and Bank Credit in the Philippines).
  • Bachelor of Science (cum laude), Central Luzon State University (Philippines)


  • Associate Professor, Department of Southeast Asian Studies, National University of Singapore
  • Senior Lecturer, Southeast Asian Studies Program, National University of Singapore
  • Senior Associate, Department of Economics, University of Melbourne, Australia
  • Lecturer, School of Economics, Deakin University, Australia
  • Lecturer, Economics Dept, National University of Singapore
  • Research Fellow, Institute of Southeast Asian Studies, Singapore
  • Tutor/Teaching Assistant, Economics Dept, Australian National University


  • NUS Teaching Excellence Award (3 times) 
  • FASS Teaching Excellence Award (4 times) 
  • Best Conference Presenter Award, UK
  • Visiting Professor, Korea University, Graduate School of International Studies
  • Visiting Professor, Korea University, International Summer Campus
  •  Visiting Professor, Chulalongkorn University
  •  Visiting Fellow, Nordic Institute of Asian Studies, Copenhagen
  •  Visiting Fellow, Center for Economic Studies, University of Munich
  • .Visiting Professor, Elliot School of International Affairs, George Washington University
  •  Visiting Fellow, Centre for Asian and African Studies, El Colegio de Mexico, Mexico City
  •  Visiting Fellow, Economics, RSPACS, Australian National University
  • .Australian National University PhD full scholarship
  •  Katholieke Universiteit te Leuven’s M.A. full scholarship
  •  Shell Chemicals Co. (Philippines) Inc. full scholarship


Teaching Areas Top

  • Changing Economic Landscape of Southeast Asia
  • Industrialising Singapore and Southeast Asia
  • Southeast Asia in the Global Economy
  • Regionalism in Southeast Asia (case of ASEAN)
  • Economies of Southeast Asia  
  • Comparative Asian Economies
  • East Asian Economic Development 
  • Country Studies: The Philippines
  • Macroeconomics, monetary economics
  • Development economics
  • International Trade and Finance



Current Research Top

  • Internationalising Higher Education (Government and university policies; Internationalisation of the curriculum)
  • Teaching and learning in area studies programmes 
  • Southeast Asia's growth and development 
  • ASEAN economic regionalism

Research Interests Top

  • Economic Development of Asia with reference to Southeast Asia and East Asia
    - issues dealing with growth and development experiences; agricultural, manufacturing and financial sectors; trade, foreign direct investment and industrialisation; economic crises (1997/98 crisis); migration and education; internationalising higher education; and information and communications technology (ICT)
  • Economic Relations of Asia with reference to Southeast Asia's and East Asia's relations with the rest of the world (intra-ASEAN and extra-ASEAN trade and investment relations)

Publications Top


  • Daquila, T C, Macroeconomic Policy and its Impact on the Philippine Economy. United  States (Michigan): University Microfilms International, 1989.
  • Rao, Bhanoji, Daquila, T C, and Woo Yuen Pau,  ASEAN External Debt Perspectives, Singapore: Times Academic Press, 1994.
  • Daquila, T C, A Study Guide in National Economic Policy. Australia: Deakin  University, 1995.
  • Daquila, T.C. The Economies of Southeast Asia: Indonesia, Malaysia, Philippines, Singapore and Thailand, New York: Nova Science Publishers, April 2005.
  • Daquila, T.C.  and Trinidad Osteria (editors). Regionalism and Multilateralism: ASEAN in the Global Economy.  Manila: Yuchengco Centre, De La Salle University, 2005.
  • Daquila, T.C., The Transformation of Southeast Asian Economies, New York: Nova Science Publishers, 2007 (2nd edition)


  • Daquila, T.C. and T. Nguyen, “The role of Northeast Asia in Singapore’s trade and investment,” in Economic Reforms, Liberalisation and Trade in the Asia-Pacific Region, edited by T. Nguyen and K. Roy, pp.49-69. India: Wiley Eastern Publishers, 1994.
  • Daquila, T.C.  “The Role of Japan and other Northeast Asian economies in ASEAN,” in East Asian Cultural and Historical Perspective: Histories and Society/Culture and Literatures, edited by Steve Totosy de Zepetnek and Jennifer Jay, pp.35-50. Canada: University of Alberta, 1997.
  • Daquila, T.C. “Obstacles to closer trade and investment links: an ASEAN viewpoint,” in ASEAN and EU: Forging New linkages and Strategic Alliances, edited by Chia Siow Yue and Joseph Tan, pp.103-134. Singapore: Institute of Southeast Asian Studies and OECD Development Center Paris, 1997.
  • Daquila, T.C. “The ASEAN region’s role in the future global economy.” In The Official Briefing: ASEAN at 30, edited by Barry Cohen, pp.38 - 41.  London: World Markets Research Center, US-ASEAN Council and ASEAN Secretariat. 1997.
  • Daquila, T.C. “Japanese economic policy in Asia: an Asian perspective,”  in  Facing Asia- Japan’s Role in the Political and Economic Dynamism of Regional Cooperation,  Verena Blechinger and Jochen Legewie (eds),  Munich, Germany: Iudicium Verlag, 2000, pp.175-198
  • Daquila, T.C. “Policy responses to the ASEAN economic crisis: some implications  towards closer ASEAN-EU economic relations,” in The Impact of the Asian Crisis on ASEAN-EU Long Term Potential, Suthiphand Chirathivat and Corrado Molteni (eds), Baden-baden, Germany: Nomos Publications, 2000, pp.118-137.
  • Daquila, T.C. “Eleven Years of Teaching Experience”, in Reflections on Teaching: The NUS Experience. Singapore: National University of Singapore, Centre for Development of Teaching and Learning, 2000, pp.99-100.
  • Daquila, T.C. “Towards Strengthening ASEAN Integration: Challenges, Strategies and Prospects”, in Strengthening ASEAN Integration: Lessons from the EU’s Rule of Law, edited by Apirat Petchsiri, Alfred E. Kellerman, Charit Tingsabadh, and Pornsan Watananguhn. Thailand: Chulalongkorn University’s Interdisciplinary Department of European Studies, the Centre for European Studies, and TMC Asser Institute of the Netherlands, 2001, pp.77-87.


  • Daquila, T C, Analysis of money and bank credit in the Philippines: an application of the Brunner-Meltzer framework. International Journal of Development Banking: Vol 5, no. 2 (1987): 59-73. (India: The Industrial Credit & Investment Corporation of India Ltd).
  • Daquila, T C, The real exchange rate in the Philippines. ASEAN Economic Bulletin, Vol. 6, no. 1 (1989): 71-80. (Singapore: Institute of Southeast Asian Studies), abstract cited in Asian-Pacific Economic Literature, Vol. 4, no. 1 (1990): 149. (Australia: Australian National University).
  • Daquila, T C, Understanding the ups and downs of exchange rates. Economic Link, no. 1 (1992): 19-21. (Singapore: National University of Singapore).
  • Daquila, T C, Understanding the money supply process. Economic Link, no. 7 (1993): 15-20. (Singapore: National University of Singapore).
  • Daquila, T C, External debt: Is it really a burden? Economic Link, no. 6 (1993): 14-17.  (Singapore: National University of Singapore).
  • Daquila, T C and A K F Phua, Demand for money in Singapore revisited. Asian Economic  Journal, Vol. VII, no. 2 (1993): 181-195. (Japan: Osaka International University and the Chinese University of Hong Kong).
  • Daquila, T.C., “Las interacciones entre los paises del AFTA y la APEC y sus  influencias en la region (in Spanish), Cuadernos de Difusion,  Ano 4, Numero 7-8, Dec.1997, pp.21-31. (Peru: Escuela de Administracion de Negocios para Graduados).
  • Daquila, T.C., “El papel de la region de la ASEAN en la futura economia global,” (in Spanish), Cuadernos de Difusion, Ano 4, Numero 7-8, Dec 1997, pp.41-47  (Peru: Escuela de Administracion de Negocios para Graduados).
  • Daquila, T.C. Japan-Asia Economic Relations: Trade, Investments and the Economic Crisis, East Asia: An International Quarterly, Vol.17, No.3, pp.88-115, Dec 1999. (United States: Rutgers University).
  • Daquila, T.C. and Rosie Foo, Impact of the Recent Economic Crisis on European Trade and Investment Interests in the ASEAN Region: An Exploratory Survey,  Journal of Asian Business, (USA: University of Michigan),  Vol. 17, No.2. 2001, pp. 105-111; Abstract cited in the Asian-Pacific Economic Literature, Vol.16, No.1, May 2002, p.98-104.
  • Daquila, T.C. and Ang Chin Hong, Singapore in the Global Economy: The Case of the Ornamental Fish Industry, Journal of Asian Business, (USA: University of Michigan), Vol. 18, No.2, 2002, pp.63-77.
  • Daquila, T.C., ASEAN Economic Performance: Reviewing the Past,  Looking to the Future, Harvard Asia Quarterly, (USA: Harvard University), Volume VI, No.3, Summer 2002, pp.9-14 (online exclusive). 
  • Daquila, Teofilo C. and Le Huu Huy, "Singapore and ASEAN in the Global Economy: The Case of Free Trade Agreements," Asian Survey, Vol.XLIII, No.6, Nov/Dec 2003, pp.908-928.


  • Daquila T.C. Review of  The Philippines: A Framework for Economic Recovery, by World Bank. In  ASEAN Economic Bulletin, 5 no.2 (1988): 191 - 193, Singapore
  • Daquila, T.C. Review of The Uruguay Round: ASEAN Trade Policy Options,  edited by M. Ariff and Tan LH, (Singapore: Institute of Southeast Asian Studies, 1988), In  Singapore Economic Review, vol. XXXIV, no.1 (1989): 93 - 95 Singapore.
  • Daquila, T.C. Review of Commodity Price Fluctuations and Macroeconomic       Adjustments in the Developed Countries, by Walter C. Labys and Alfred Maizels. In Singapore Economic  Review. April 1991, Singapore.
  • Daquila, T.C. Review of Booty Capitalism: The Politics of Banking in the Philippines by Paul D. Hutchcroft,  (New York: Cornell University Press, 1998) in ASEAN Economic Bulletin, Singapore, Vol. 16, no.1 (1999):125-127.
  • Daquila, T.C. Review of ASEAN Beyond the Regional Crisis: Challenges and Initiatives by Mya Than (ed.), (Singapore: Institute of Southeast Asian Studies, 2001) in The Singapore Economic Review, Vol.46, no.2 (2001):283-288.
  • Daquila, T.C. Review of  Road to ASEAN-10: Japanese Perspectives on Economic Integration by Sekiguchi Sueo and Noda Makito (eds.), (Tokyo: Japan Center for International Exchange, 1999) in Journal of Southeast Asian Studies, Vol.32, no.3 (Oct 2001): 463-464.


  • Daquila, T.C. “Analysis of money and bank credit in the Philippines: an application of the Brunner-Meltzer Framework,” Working Papers in Trade and Development. Working Paper No.87/3. Australia: Department of Economics, Research School of the Pacific Studies, Australian National University, (AUSTRALIA), 1987.
  • Daquila, T.C. “Macroeconomic policy and its impact on the Philippine economy,” Working Papers in Trade and Development, No.87/12. Economics Department, Research School of Pacific Studies, Australian National University, (AUSTRALIA), 1987.
  • Daquila, T.C. and E L Liew, “Money and economic activity in Singapore,” Graduate  School of Management. Working Papers, No. 9429. Australia: Faculty of Management, Deakin University, (AUSTRALIA), Nov 1994.


    • Daquila, T.C. The role of Northeast Asian investments in ASEAN Economies. Australia: The Australian National University, 1992, Australia.

Other Information Top

  • In the News:
  • Cited in the Straits Times, “Rising prices ‘no cause for alarm,” by Chung Tsung Mien, 3 July 1991 issue,  Singapore.
  • Daquila, T.C. “At 30, ASEAN looks ahead with optimism.” TRENDS, no.79 (29/30 March 1997): 4, Singapore, A publication by ISEAS, also published in  Bangkok Post, May 4, 1997, pg.4, Thailand,  and in the Jakarta Post, May 4, 1997, pg. 4, Indonesia.
  • Cited in the Straits Times, “Time ASEAN looked at EU style set-up,” by  Hau Boon Lai, 22 July 1999, pg .27, Singapore.
  • Cited in the Bangkok Post, “ASEAN Group must get serious about backing free trade”, by Saritdet M and Woranuj M., 2 October 2000, pg.12, Thailand.
  • Cited in The Nation, “ASEAN faces uphill task integrating”, by Jeerawat Na Thalang, 4 Feb 2001, Thailand.
  • Cited in Bangkok Post, “Rule of Law urged for solid ties”, by Bhanravee Tansubhapol, 6 Feb 2001, Thailand.
  • Cited in “Intensifying ASEAN Economic Cooperation” – 27 Aug 2002, Mediacorp news - Channelnews Asia:  http://cna.mediacorpnews.com/analysis/newsline2708.htm
  • Cited in “ The prospect of visa-free travel between ASEAN member countries” – 17 Sept 2003, Radio Singapore International, see:  http://www.channelnewsasia.com/cna/analysis/030917_visa.htm
  • Cited in “How infocom technology can help revive ASEAN economies” – 19 Sept 2003, Radio Singapore International, see: http://www.channelnewsasia.com/cna/analysis/030919_ict.htm
  • Cited in “ASEAN inches closer to achieving single economic market - 6/9/2004 Mediacorp News - Channelnews Asia - see  http://www.channelnewsasia.com/analysis/2004/0906_asean.htm
  • Cited by British Broadcasting Corporation, Asia Radio interview, 17 Sept 2003 “IT: Building Towards ASEAN Economic Community."
  • Cited by Voice of America, Hong Kong office, “ASEAN FTAs with China and India,” 8 Nov 2004 interviewed by Ms Kate Dawson, Hong Kong office.
  • Cited by Reuters.com – Analysis: Confident China Casts a Spell on ASEAN-01/12/200 - see http://www.reuters.com/newsArticle.jhtml?t...storyID=696169 Also cited in the following:

- NTD Asia Brief (02/12/2004), Asiafinest (01/12/2004) - see  http://www.asiafinest.com/forum/lofiversion/index.php/t23950.html

- Telepolis [7/12/2004] see http://www.aktienboard.com/vb/archive/index.php/t-86946.html

-Radio Free Asia Vietnamese, http://www.rfa.org/vietnamese/dacky/2004/12/02/asean_vientian/

http://www.ykien.net/tl_viettrung58.html [02/12/2004

- Yahoo News India - see  http://in.news.yahoo.com/041201/137/2i7d3.htm

  • Reuters.com - “East Asia summit sets sights how amid Japan-China row” – also published in the following

- ABS-CBN interactive edition,


 - AOL.com,    http://my.aol.com/news/news_story.psp?type=1&cat                   =0600&id=2005121307160002326914

- Yahoo News - India13 Dec 2005


- Yahoo News – Australia13 Dec 2005


- Boston.com news


- The China Post (2005/12/14)


Business Briefs, May 11, 2006


Business Briefs, May 11, 2006


* Daquila, T.C., "ASEAN at 40: Revisiting the Past, Looking to the Future," The Korean Herald, 8 Aug 2007



  Last Modified: 2012-11-27         Total Visits: