Financial Policy Cooperation in SAARC: A First Step towards Greater Monetary Integration in South Asia

Amit Dasgupta and Nephil Matangi Maskay
Additional contact information
Amit Dasgupta: SAARC Secretariat, Kathmandu, Nepal
Nephil Matangi Maskay: Research Department. Nepal Rastra Bank, Kathmandu, Nepal

South Asia Economic Journal, 2003, vol. 4, issue 1, 133-143

Abstract: As intra-SAARC trade increases, there is a growing need for higher levels of intra- SAARC financial policy cooperation to ensure a stable financial environment by limiting uncertainty for payments. This will facilitate the process of regional trade integration. The experience in Europe suggests that both cooperation in intra- SAARC regional monetary and liberalization policy along with the setting up of an institution to manage trade and payments could contribute towards laying the foundation for future financial coordination with eventual higher levels of mon etary integration within the SAARC region. The paper highlights some areas in this regard, and discusses some paths for greater financial cooperation in South Asia.

Keywords: (JEL: F02) Keywords: South Asia; Financial and Policy Cooperation; Monetary Integration. (search for similar items in EconPapers)
Date: 2003
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/139156140300400109 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:soueco:v:4:y:2003:i:1:p:133-143

DOI: 10.1177/139156140300400109

Access Statistics for this article

More articles in South Asia Economic Journal from Institute of Policy Studies of Sri Lanka
Bibliographic data for series maintained by SAGE Publications ().