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Regional monetary and financial cooperation in Asia has been discussed for years. To move towards a coordinated exchange rate policy, Ogawa and Shimizu (2005) proposed both an Asian Monetary Unit (AMU), which is a common currency basket computed as a weighted average of the thirteen ASEAN+3...
Persistent link: https://www.econbiz.de/10010286108
strengthening through the recent global financial crisis in 2007-2008. Finance Ministers and Central Bank Governors of the ASEAN … Members States, People’s Republic of China (PRC), Japan and Korea (ASEAN plus three) and the monetary authority of Hong Kong …
Persistent link: https://www.econbiz.de/10008699242
Regional monetary and financial cooperation in Asia has been discussed for years. To move towards a coordinated exchange rate policy, Ogawa and Shimizu (2005) proposed both an Asian Monetary Unit (AMU), which is a common currency basket computed as a weighted average of the thirteen ASEAN 3...
Persistent link: https://www.econbiz.de/10013127643