Monetary Cooperation in South Asia

Jayasuriya, Sisira; Weerakoon, Dushni; Kurukulasuriya, Shalini; Maskay, Nephil M.; Khatiwada, Yuba Raj

Monetary Cooperation in South Asia

Date

2013-09-05

Authors

Jayasuriya, Sisira

Weerakoon, Dushni

Kurukulasuriya, Shalini

Maskay, Nephil M.

Khatiwada, Yuba Raj

Abstract

This study reports on the first stage of a research programme into issues of monetary cooperation in South Asia. It describes the main features of the South Asian economies, their recent policy evolution and trends in economic performance. It then examines the patterns of shocks in South Asia using econometric/statistical tools to determine if SAARC countries are candidates for a currency union by conventional OCA criteria. Report also discusses the nature of shocks and historical patterns of policy across countries. Finally it presents the overall conclusions of the study and discusses the main research tasks identified for the next stage.

Keywords

IPS, IPRAD, SAARC, South Asia, Monetary cooperation

URI

http://220.247.212.110/handle/789/70

Collections

Project Reports

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