inherent in the current global financial system. Asia was adversely affected by the crisis not only because of its dependence … on trade, but also because of its heavy reliance on the US dollar for regional and international transactions. As Asia …, extending the trade settlement scheme to the rest of Asia and appending a government bond payment and securities settlement …

the current global financial system. Asia was adversely affected by the crisis not only because of its dependence on trade …, but also because of its heavy reliance on the US dollar for regional and international transactions. As Asia's role in the … markets, and is more politically feasible in transition. As such, extending the trade settlement scheme to the rest of Asia …

moderated by East Asia is proposed to constitute a more stable international monetary system. …

Geldpolitik und ein freier Devisenhandel sind zwei der Eckpfeiler eines modernen Finanzwesens. Die Liberalisierung der …