Endnotes
1East Asia in this paper refers to Japan, People's Republic of China, the Asian newly industrialized economies (NIEs - Hong Kong, China; Republic of Korea; Singapore; and Taipei,
China), and ASEAN member countries (Brunei, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, Philippines, Singapore, Thailand, Viet Nam).
2See Kawai (2005, 2007b).
3See Kuroda and Kawai (2002).
4See Hew, et al. (2007).
5See Kawai and Houser (2007).
6Developing an Asian Currency Unit (ACU)—a composite index of regional currencies—is potentially useful for exchange rate management in the region. See Kawai (2007a, 2008) for the
concept of ACU and its possible roles.
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The views expressed in this paper are the views of the authors and do not necessarily reflect the views or policies of the Asian Development Bank Institute (ADBI), the Asian Development Bank (ADB), its Board of Directors, or the governments they represent. ADBI does not guarantee the accuracy of the data included in this paper and accepts no responsibility for any consequences of their use. Terminology used may not necessarily be consistent with ADB official terms.
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