Association of Southeast Asian Nations (ASEAN/ASEAN+3)

Laurissa Mühlich

Chapter 11 in Advancing Regional Monetary Cooperation, 2014, pp 154-195 from Palgrave Macmillan

Abstract: Abstract Today’s ASEAN/ASEAN+3 regional monetary cooperation framework dates back to initial regional cooperation schemes in the Association of Southeast Asia between the Philippines and Thailand in 1961 and the Maphilindo — an acronym formed of the first letters of the Malaysian Federation, the Philippines, and Indonesia — in 1963 (cf. Sandhu et al., 2003: 29 ff.). However, both arrangements were short-lived, largely due to border conflicts and political disputes. Nevertheless, the Association of Southeast Asia’s organizational structures are still represented in ASEAN.

Keywords: Exchange Rate; Monetary Policy; Bond Market; Asian Financial Crisis; Foreign Exchange Reserve (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:pal:stuchp:978-1-137-42721-2_11

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DOI: 10.1057/9781137427212_11

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