WILLETT, THOMAS D.; PERMPOON, ORAWAN; SRISORN, LALANA - In: The Singapore Economic Review (SER) 55 (2010) 01, pp. 103-124
We argue that a number of recent studies have overstated the economic case for the creation of a common Asian currency by focusing on only a few of the relevant criteria. We also conclude that endogenous forces are unlikely to be sufficiently strong that adopting a common currency would quickly...