In November 2002, it was proposed at the Association of Southeast Asian Nations (ASEAN) Heads of Government meeting in Phnom Penh that the region should consider the possibility of creating an ASEAN Economic Community (AEC) by 2020. The name is evocative, for an Economic Community immediately...

The Association of Southeast Asian Nations (ASEAN) has focused increasingly on financial integration as part of its economic-deepening agenda. This paper considers the challenges and opportunities associated with the creation of an ASEAN bond market. In addition to surveying the status quo of...

In November 2002, it was proposed at the Association of Southeast Asian Nations (ASEAN) Heads of Government meeting in Phnom Penh that the region should consider the possibility of creating an ASEAN Economic Community (AEC) by 2020. The name is evocative, for an Economic Community immediately...

This indispensable book provides a comprehensive analysis of monetary and financial integration in East Asia. It assesses the steps already taken toward financial integration and brings forward different proposals for future exchange rate arrangements in what has now become the world’s...