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ASEAN Monetary Cooperation: issues and prospects

Ramayandi, Arief; Ramayandi, Arief

Description

Among other things, the 1997–98 East Asian financial crisis has led to questioning within the Association of Southeast Asian Nations (ASEAN) about whether the region needs a common currency. This paper aims to discuss the underlying economic issues and prospects, from both a theoretical and a practical point view. The analysis focuses only on the five largest ASEAN nations. Standard criteria suggested by the theory of Optimal Currency Areas are reviewed and applied to the region. The paper then...[Show more]

dc.contributor.authorRamayandi, Arief
dc.contributor.authorRamayandi, Arief
dc.date.accessioned2005-09-30
dc.date.accessioned2006-03-27T02:08:31Z
dc.date.accessioned2011-01-05T08:32:30Z
dc.date.available2006-03-27T02:08:31Z
dc.date.available2011-01-05T08:32:30Z
dc.date.created2005
dc.identifier.issn0728-8409
dc.identifier.urihttp://hdl.handle.net/1885/43043
dc.description.abstractAmong other things, the 1997–98 East Asian financial crisis has led to questioning within the Association of Southeast Asian Nations (ASEAN) about whether the region needs a common currency. This paper aims to discuss the underlying economic issues and prospects, from both a theoretical and a practical point view. The analysis focuses only on the five largest ASEAN nations. Standard criteria suggested by the theory of Optimal Currency Areas are reviewed and applied to the region. The paper then provides a discussion on possible steps that can be pursued to realize currency union.
dc.format.extent199589 bytes
dc.format.extent352 bytes
dc.language.isoen_AU
dc.publisherCanberra, ACT: The Australian National University
dc.sourcePacific Economic Papers; No. 349
dc.subjectAssociation of Southeast Asian Nations
dc.subjectASEAN
dc.subjectcommon currency
dc.subjectOptimal Currency Areas
dc.subjectEast Asian financial crisis
dc.titleASEAN Monetary Cooperation: issues and prospects
dc.typeWorking/Technical Paper
local.description.refereedno
local.identifier.citationvolume349
local.identifier.citationyear2005
local.identifier.eprintid3277
local.rights.ispublishedno
local.identifier.absfor140207 - Financial Economics
local.identifier.ariespublicationMigratedxPub5380
local.type.statusPublished version
local.contributor.affiliationPacific Economic Papers, APSEG
local.contributor.affiliationANU
local.bibliographicCitation.startpage1
local.bibliographicCitation.lastpage17
dc.date.updated2015-12-11T09:27:32Z
dcterms.accessRightsOpen Access
CollectionsANU Research Publications

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