ASEAN Financial Integration in the Light of Recent European Experiences

Main author: Volz, Ulrich
Format: Journal Article           
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id eprints-16679
recordtype eprints
institution SOAS, University of London
collection SOAS Research Online
language English
language_search English
description This article reflects on the ambitions of the Association of Southeast Asian Nations (ASEAN) to foster regional economic and financial integration among its member countries against the backdrop of the European financial crisis. Based on a review of the European experiences with financial integration since the 1970s, this article critically examines the potential risks associated with the creation of a financially-integrated ASEAN Economic Community and the implications for policy autonomy of ASEAN members. It outlines the regulatory and institutional requirements that need to be put in place in order to minimize financial stability risk if an integrated financial sector across ASEAN is aimed for.
format Journal Article
author Volz, Ulrich
author_facet Volz, Ulrich
authorStr Volz, Ulrich
author_letter Volz, Ulrich
title ASEAN Financial Integration in the Light of Recent European Experiences
publisher Institute of Southeast Asian Studies
publishDate 2013
url https://eprints.soas.ac.uk/16679/