Kawai, Masahiro - East Asian Bureau of Economic Research (EABER) - 2014
in East Asia, and the most realistic option is for the region’s emerging economies to adopt similar managed floating …’s internationalization and the lack of the renminbi’s (or the prospect of its rapid) full convertibility, it is in the interest of East Asia … as a special drawing rights-plus (SDR+) currency basket–i.e., a basket of the SDR and emerging East Asian currencies …