The CMI (Chiang Mai Initiative) is designed to provide regional liquidity facility after Asian financial crisis of 1997. The current setting of the CMI is centered on four areas: swap network, regional surveillance, monitoring capital flows, and training personnel. However, since the size of...

The Asian economy has been driven by exports for many decades, and cross-border coordination and cooperation has been scarce. Meanwhile, a platform economy is gaining traction where production factors come together to breed creative services and innovation within an intricately connected...