Benefits, costs, and feasibility of a monetary union for the Association of Southeast Asian Nations (ASEAN)

A paper assessing the feasibility of a monetary union among ASEAN countries. Through quantitative and qualitative methods, the paper assesses the benefits and costs. The author concludes that the ASEAN founders, including Thailand, Singapore, Indonesia, Malaysia and Philippines, are not yet ready to adopt a monetary union. This paper also suggests that, even though the ASEAN demonstrates many evidences of economic integration, more effective policies are necessary to make an ASEAN monetary union realistic, including policies to increase labor, capital mobility and interregional trade.

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Additional Info

Field Value
Document type Reports, journal articles, and research papers (including theses and dissertations)
Language of document
  • English
Topics
  • Banking and financial services
  • Banking and financial services policy and regulation
  • Economic policy and administration
  • Economy and commerce
  • Formal labor
Geographic area (spatial range)
  • Indonesia
  • Malaysia
  • Philippines
  • Singapore
  • Thailand
  • Brunei Darussalam
  • Cambodia
  • Lao People's Democratic Republic
  • Myanmar
  • Viet Nam
Copyright Unclear copyright
Version / Edition 1.0
License CC-BY-4.0
Author (individual) Khanh Ngo
ISSN number 19415745
Publication place United States
Publisher University of Michigan
Publication date 2013
General note

Michigan Journal of Business, Volume 6, Number 1, 65-140

Date uploaded June 2, 2015, 06:46 (UTC)
Date modified January 7, 2016, 22:42 (UTC)