Hill, Hal; Menon, Jayant - East Asian Bureau of Economic Research (EABER) - 2012
the CMI also proved inadequate following the Global Financial Crisis (GFC), it was first multilateralized (CMIM), and then … for Southeast Asian Nations (ASEAN)+3 Macroeconomic Research Office (AMRO), was set-up in 2011. These are impressive … developments, but are they enough to make the CMIM workable? Without clear and rapid-response procedures to handle a fast …