Patterns of Shocks and Regional Monetary Cooperation in South Asia
| Author | : Nephil Matangi Maskay |
| Publisher | : International Monetary Fund |
| Total Pages | : 29 |
| Release | : 2003-12-01 |
| ISBN-10 | : 9781451875812 |
| ISBN-13 | : 1451875819 |
| Rating | : 4/5 (819 Downloads) |
Download or read book Patterns of Shocks and Regional Monetary Cooperation in South Asia written by Nephil Matangi Maskay and published by International Monetary Fund. This book was released on 2003-12-01 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: The member states of the South Asian Association for Regional Cooperation have set as a target the achievement of an economic union by 2020. Reaching this goal will require greater levels of monetary cooperation. How should this be achieved? Data from South Asia suggest that member states have minor trade linkages and face asymmetrical patterns of shocks. This paper concludes that, absent a clear road map for monetary cooperation, the present process must be structured so as to be harmonized with the level of regional economic integration.
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