Scope for Cooperation in Currency Stability Measures Among Asian Countries
This paper reviews and assesses the latest literature on measures to enhance currency stability among Asian countries. It is noted that while the recent regional self help measures on both the financing and consultative fronts have provided the needed safety net, especially for contagion and speculative attacks on currencies, the popular view is that the wholesome solution still lies with appropriate and coordinated macroeconomic polices. This view has laid the foundation for deeper regional integration in Asia.
|This book is provided by South East Asian Central Banks (SEACEN) Research and Training Centre in its series Research Studies with number rp47 and published in 2001.|
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