Toward Greater Financial Stability in the Asian Region: Exploring Steps to Create Regional Monetary Units
Project Leader: Dr. Ponciano Intal, Jr.
Funding Agency: Association of Southeast Asian Nations (ASEAN)
Duration: August 4, 2006 - May 31, 2007
This study aims to achieve the following objectives by analyzing the issues from theoretical and empirical perspectives: 1) Explore the possibility of creating regional monetary units-related financial instruments, such as bonds and mutual funds as well as mechanisms to facilitate the use of regional monetary units for trade transactions; 2) Discuss a market-oriented approach to the promotion of the regional monetary units by the public sector; and 3) Discuss the possible roles of the regional monetary units in official transactions among ASEAN+3 countries.
Project Leader: Dr. Ponciano Intal, Jr.
Funding Agency: Association of Southeast Asian Nations (ASEAN)
Duration: August 4, 2006 - May 31, 2007
This study aims to achieve the following objectives by analyzing the issues from theoretical and empirical perspectives: 1) Explore the possibility of creating regional monetary units-related financial instruments, such as bonds and mutual funds as well as mechanisms to facilitate the use of regional monetary units for trade transactions; 2) Discuss a market-oriented approach to the promotion of the regional monetary units by the public sector; and 3) Discuss the possible roles of the regional monetary units in official transactions among ASEAN+3 countries.