A Common Currency for SAARC: Is it feasible or a pipe dream
AbstractThe paper entitled "A Common Currency for SAARC: Is it feasible or a pipe dream." an endeavor is made to examine the suitability of SAARC for a suitable currency on the basis of three criteria viz., intensity of trade, shock symmetry and homogeneity of economies. The study revealed that SAARC is ill suited for a common currency, as the extent of trade is extremely low, idiosyncratic, economies of heterogeneous. There are compelling economic reasons against a common currency.
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Bibliographic InfoArticle provided by IUP Publications in its journal The IUP Journal of Applied Economics.
Volume (Year): IV (2005)
Issue (Month): 2 (March)
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