Baumann, Renato - In: Brazilian journal of political economy 31 (2011) 1, pp. 77-97
latter such cooperation has hardly progressed, due to low degree of regional integration, the recurrent use of multilateral … currencies. In Asia, differently, cooperation has apparently not been so instrumental to regional integration, but has proven to … be quite important as a means to build a regional capital market as well as a mechanism to deal with external shocks …