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Regional financial arrangement in East Asia (Record no. 75925)

000 -LEADER
fixed length control field 02548nam a22002897a 4500
003 - CONTROL NUMBER IDENTIFIER
control field ipslib
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 150312t xxu||||| |||| 00| 0 eng d
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 9788932242484
041 ## - LANGUAGE CODE
Language code of text/sound track or separate title English Language
080 ## - UNIVERSAL DECIMAL CLASSIFICATION NUMBER
Edition identifier FIN
Universal Decimal Classification number 336.744
Item number KRI
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Krishma, Pravin
9 (RLIN) 1
245 ## - TITLE STATEMENT
Title Regional financial arrangement in East Asia
Remainder of title policy proposal for strengthening the chiang mai initiative multilateralization
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc Sejong-si
Name of publisher, distributor, etc Korea Institute for International Economic Policy
Date of publication, distribution, etc 2014
300 ## - PHYSICAL DESCRIPTION
Extent 55p.
Dimensions 24 cm
520 ## - SUMMARY, ETC.
Summary, etc Since the Asian financial crisis of 1997-98, the East Asian countries have made efforts to guard against the crisis not only by being self-insured through the accumulation of foreign reserves but also by establishing a bilateral or regional financial safety net through the pooling of reserves. Holding ample amount of foreign reserves has proven itself to be useful but it comes with a high price tag. Moreover, in spite of noticeable achievements in recent years, the regional finan-cial arrangement, namely the CMIM framework, had not been activated during the global financial crisis in 2007-08. Ironically, the bilateral currency swaps with the US Federal Reserve Bank played a pivotal role at that time in addressing some Asian countries’ liquidity shortages.
The crisis in 2007-08 has provoked a recurring discussion about the necessity of transforming the international monetary system and enhancing the alternative or complementary insurance mechanism of regional financial arrangements to fend off shocks. In the paper, we propose two ways to strengthen a regional financial arrangement in East Asia to make a practical contribution to the global architec-ture reform agenda and to build a resilient economy: (i) establishing a currency arrangement under CMIM framework to increase the usage of local currencies; and (ii) creating a cooperative framework between the AMRO and the IMF in the area of surveillance.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Regional financial Arrangement
9 (RLIN) 1
Topical term or geographic name as entry element IMF
9 (RLIN) 1
Topical term or geographic name as entry element Asia
9 (RLIN) 1
Topical term or geographic name as entry element Trade
9 (RLIN) 1
Topical term or geographic name as entry element Financial marketing
9 (RLIN) 1
655 ## - INDEX TERM--GENRE/FORM
Genre/form data or focus term Finance
700 ## - ADDED ENTRY--PERSONAL NAME
Personal name Jiyoung, Choi
9 (RLIN) 1
Personal name Hoon Lin, Tae
9 (RLIN) 1
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Source of classification or shelving scheme
Koha item type Monograph
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Collection code Permanent Location Current Location Shelving location Date acquired Full call number Barcode Date last seen Price effective from Koha item type Uniform Resource Identifier
          Finance Library Library International Collection 2015-03-12 336.744 KRI 9993 2015-03-12 2015-03-12 Monograph  
          Finance Library Library Electronic 2015-03-12 336.744 KRI CD 1686 2015-03-12 2015-03-12 Monograph ftp://ftp.ips.lk/ebooks/Finance/WP14-05RegionalFinancial.pdf