Benn Steil

Geo-Graphics

A graphical take on geoeconomic issues, with links to the news and expert commentary.

Print Print Email Email Share Share Cite Cite
Style: MLA APA Chicago Close

loading...

ASEAN Fund

by
May 8, 2009

The Association of Southeast Asian Nations (ASEAN) along with Japan, China, and South Korea says it will launch a $120bn reserve fund, increasing the foreign exchange reserves that the region can draw on in times of turmoil. Japan has offered an additional $60bn via a swap line. Can regional funds provide an Asian alternative to the IMF?

Adam, Clenfield: Asia’s $120 Billion Reserve Fund
WSJ: Asian Nations Unveil $120 Billion Liquidity Fund
Henning: Regional Arrangements and the IMF
IMF: National, Regional, and Global Insurance Mechanisms in Crisis Prevention
Cassidy: The Triumphalist

Opinions expressed on CFR blogs are solely those of the author or commenter, not of CFR, which takes no institutional positions.

Post a Comment

CFR seeks to foster civil and informed discussion of foreign policy issues. All comments must abide by CFR's guidelines and will be moderated prior to posting.

* Required