Scope for Cooperation in Currency Stability Measures Among Asian Countries

Parminder Kaur

in Research Studies from South East Asian Central Banks (SEACEN) Research and Training Centre

Abstract: This paper reviews and assesses the latest literature on measures to enhance currency stability among Asian countries. It is noted that while the recent regional self help measures on both the financing and consultative fronts have provided the needed safety net, especially for contagion and speculative attacks on currencies, the popular view is that the wholesome solution still lies with appropriate and coordinated macroeconomic polices. This view has laid the foundation for deeper regional integration in Asia.

Date: 2001
ISBN: 983-9553-29-X
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