This article examines the feasibility of a Common Currency Area (CCA) for ASEAN and the broader ASEAN +5. Using macro-economic data for 14 East Asian countries over the 34-year period 1970-2003, this article addresses whether a Euro style CCA would be well suited for these countries. Issues such...

This article undertakes an in-depth study of the foreign exchange exposure of Malaysian listed firms. We examine several issues related to firm-specific and overall exposure, including an evaluation of the efficacy of adopting a hard-peg on such exposure. Our sample consists of 158 listed firms...