Economics, Econometrics and Finance
4 years ago

ASEAN proposes 'Asian Dollar' to boost economic integration in Asia

RePEc: Research Papers in Economics
ASEAN: perspectives on economic integration: ASEAN in Asia economic integration
Shaobang Kang

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Asia's economic integration is slow, but ASEAN can help by promoting cooperation in finance, investment, and trade. Creating a new currency, the "Asian Dollar" or "Asi", could stabilize value and improve economic integration in the region.