Prospects for a multi-currency clearing system in Asia

Masaya Sakuragawa, Junichi Shukuwa

研究成果: Chapter

抜粋

In the aftermath of the Asian financial crisis, ministries of finance from the major Asian countries launched the Asian Bond Markets Initiative (ABMI) to avoid the risk of another currency crisis. However, the ABMI does not facilitate currency clearing, especially multi-currency clearing. This chapter proposes a new multi-currency clearing system in Asia. That scheme will clear each currency on a simultaneous base and will be supported by the differing Asian central banks. The architecture for liquidity provision in multiple currencies is the first step for Asian financial integration.

元の言語English
ホスト出版物のタイトルChina and Japan in the Global Economy
出版者Taylor and Francis
ページ190-200
ページ数11
ISBN(電子版)9781351618052
ISBN(印刷物)9781138086166
DOI
出版物ステータスPublished - 2018 1 1

ASJC Scopus subject areas

  • Economics, Econometrics and Finance(all)
  • Business, Management and Accounting(all)

フィンガープリント Prospects for a multi-currency clearing system in Asia' の研究トピックを掘り下げます。これらはともに一意のフィンガープリントを構成します。

  • これを引用

    Sakuragawa, M., & Shukuwa, J. (2018). Prospects for a multi-currency clearing system in Asia. : China and Japan in the Global Economy (pp. 190-200). Taylor and Francis. https://doi.org/10.4324/9781315111100