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- Title
Exploring the Use of Exchange Market Pressure and RMU Deviation Indicator for Early Warning System (EWS) in the ASEAN+3 Region.
- Authors
Castell, Marvin Raymond F.; Dacuycuy, Lawrence B.
- Abstract
Although macroeconomic and financial surveillance mechanisms have been in place both at the global level and at the Asia regional level, the results of the empirical analysis provide some evidence that a regional monetary unit (RMU) can be used to supplement existing surveillance tools, for improved crisis detection and prevention. In particular, this study showed that the RMU may be useful as a tool for macroeconomic consultation.
- Subjects
ASIA; ASEAN Finance Corp. Ltd.; MACROECONOMICS; FINANCIAL crises; FINANCIAL risk management; REGIONAL planning; FINANCIAL markets; STRATEGIC planning; SUPPLY &; demand
- Publication
DLSU Business & Economics Review, 2009, Vol 18, Issue 2, p1
- ISSN
0116-7111
- Publication type
Article
- DOI
10.3860/ber.v18i2.790