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|c 5.00 USD
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|z 9781451857856
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a Mauro, Paolo.
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|a The Suitability of ASEAN for a Regional Currency Arrangement /
|c Paolo Mauro, Tamim Bayoumi.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 1999.
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|a 1 online resource (24 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a This paper examines the costs, benefits, preconditions, and implications of an Association of Southeast Asian Nations (ASEAN) regional currency arrangement that is assumed to culminate in a regional currency. On economic criteria, ASEAN appears less suited for a regional currency arrangement than Europe before the Maastricht Treaty, although the difference is not large. The transition to European Monetary Union (EMU) indicates that the path toward a common currency is fraught with difficulty. A firm political commitment would seem to be vital to ensuring that an attempt to form a regional currency arrangement is not viewed as simply another fixed exchange rate regime, open to speculative crises.
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|a Mode of access: Internet
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|a Bayoumi, Tamim.
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|a IMF Working Papers; Working Paper ;
|v No. 1999/162
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/1999/162/001.1999.issue-162-en.xml
|z IMF e-Library
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