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The main purpose of this dissertation is to solve the following question: How will the emergence of the Euro influence the currency composition of the NICs?monetary reserves? Taiwan and Thailand are chosen as our investigation subjects. There are two sorts of motives for central banks' reserve holdings, i.e., intervention-related motives and portfolio-related motives. The need for reserve holdings resulting from intervention-related motives are justified because of the costs resulting from exchange rate instability. On the other hand, we use the Tobin-Markowitz model to justify the need for monetary reserves held for portfolio-related motives. The operational implication of this distinction is the separation of monetary reserves into two tranches corresponding to different objectives. An analysis of a central bank's transaction balance is a money quality analysis. Such an analysis has to do with transaction costs and non-pecuniary rates of return. The facts point out, that the Euro's emergence will not change the fact that the USD will continue to be the major currency of transaction balances of the central banks in Taiwan and Thailand. In order to answer the question about diversification of monetary reserves as idle balance in the two NICs, we carry out an analysis of the portfolio approach, which is based on the basic ideas of the Tobin-Markowitz model. This analysis shows that Taiwan and/or Thailand respectively cannot reduce risk at a given rate of return or increase the rate of return at a given risk by diversifying their monetary reserves as idle balance from the USD to the Euro.
Since November 1997, we started to focus on the population ecology of two sympatric Sinonatrix snakes in the Chutzuhu swamp, northern Taiwan. At the same time we also examined some specimens from Senckenberg Natural History Museum, Frankfurt am Main and accumulated field data of some observation made on S. percarinata suriki from Fushan botanical garden, Sanping and Gaoshu, Taiwan. According to the specimens examined, we suspect that the close phylogeny of S. percarinata suriki may come from two ancestors, northeast Taiwan population closest to Fujien or Zehjiang and the southwest population closest to Guandong or Vietnam. This pattern was also represented in some molecular phylogeny studies of freshwater fish in Taiwan. There were 22,462 trap-nights, taken from the Chutzuhu swamp, during the period November 1999 to September 2001 and 361 snakes were collected, comprising five species and 617 snake-times. The population sizes were based on the Lincoln-Peterson index and were estimated to be 988-±326 in S. annularis and 129-±78 in S. percarinata suriki. Movement and home range data showed S. annularis is a restricted activity water snake and S. percarinata suriki possesses great mobility in spatial patterns, but movement ability seems to be influenced by the size of the aquatic environment. S. annularis is live-bearing, on average 8.19 neonates and this principally occurs in September; S. percarinata suriki lays 6-24 eggs, but due to insufficient observations no conclusions can be drawn. It must be noted that oviposition was also noted in September. The reproductive mode may reflect on thermal requirement differences of the two sympatric snakes. S. annularis tended to be a fish (98%) eater and S. percarinata suriki take 50% fish and 50% frogs in their diet. Middle to high ground cover marshland appears to be the favorite microhabitat of S. annularis, and S. percarinata suriki seems prefer open creeks and ditches. The population condition of S. annularis in the Chutzuhu swamp seems to be rapidly deteriorating and this trend is also reflected in the BCI declines, low proportion stomach contents and diseases of S. annularis. Water seems to be the major influencing factor and strongly correlates with the conservation strategy. Conservation proposals for S. annularis in the Chutzuhu swamp will be formulated. During this study period we also developed an efficient technique for snake morphological data accumulation and image database, with the aid of the following devices, PC notebook and scanner, which is adapted for practical field studies. We also want to propose a component system for the establishment of a fundamental snake population databases (FPDS) for long-term snake ecological studies and monitoring herein.