Chiang Mai Initiative Multilateralization: International Politics and Institution-Building in Asia
Asian Survey, Vol. 51, Issue 5, 2011
Posted: 27 May 2013
Date Written: October 1, 2011
In 2010, the Chiang Mai Initiative Multilateralization (CMIM) agreement established a new Asian financial arrangement to help address potential currency or liquidity crises. This article analyzes the origins and basic features of the new arrangement, which reflect both progress and the continuing political challenges of building regional institutions in Asia.
Keywords: ASEAN 3, Chiang Mai Initiative Multilateralization, international monetary policy, International Monetary Fund
Suggested Citation: Suggested Citation
Ciorciari, John, Chiang Mai Initiative Multilateralization: International Politics and Institution-Building in Asia (October 1, 2011). Asian Survey, Vol. 51, Issue 5, 2011, Available at SSRN: https://ssrn.com/abstract=2270645
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