Over its 10 years, the euro has been a huge success for its member states. But there is no sign of a move to the euro as a global currency. Jean Pisani-Ferry, director of Bruegel, at a recent seminar revealed the dominance of the US dollar over the euro. Read more.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Siow Yue Chia makes a case for a new regional trade architecture as a means to strengthening domestic demand and emphasizing intra-regional demand—both key to rebalancing growth in East Asia in the post-crisis era.