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Titlebook: Advancing Regional Monetary Cooperation; The Case of Fragile Laurissa Mühlich Book 2014 Palgrave Macmillan, a division of Macmillan Publis

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Fragile Financial Markets, 2009). The literature unambiguously highlights the importance of well-developed financial markets, in particular the development of local currency-denominated financial instruments, as highly relevant to mitigate the aforementioned adverse effects on net wealth and monetary policy constraints.
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Reconsidering Economic Costs in regional monetary cooperation and summarizes supporting conditions for realizing macroeconomic stabilization gains in SSC. Within the scope of this book, this chapter merely seeks to shed some light on major cost considerations that come into play when analyzing SSC rather than fully exploring economic costs involved in SSC.
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Association of Southeast Asian Nations (ASEAN/ASEAN+3) and Indonesia — in 1963 (cf. Sandhu et al., 2003: 29 ff.). However, both arrangements were short-lived, largely due to border conflicts and political disputes. Nevertheless, the Association of Southeast Asia’s organizational structures are still represented in ASEAN.
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Conclusions and Policy Recommendationshe face of the on-going eurozone crisis. Rather, international financial turmoil, as well as the eurozone crisis, justifies scholarly and political examination of the potential benefits and also of the costs related to different forms of regional monetary cooperation in the developing world.
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https://doi.org/10.1007/978-981-99-5487-2. However, Latin America’s discursive historical legacy of regional cooperation did not stimulate materialization of regional cooperation. Rather — and in particular in the MERCOSUR region — efforts towards closer economic cooperation have been characterized by stagnation and frequent setbacks (Emmes and Mols, 1993: 47).
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