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
Abstract
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
John Ciorciari (Contact Author)
University of Michigan at Ann Arbor - Gerald R. Ford School of Public Policy ( email )
735 South State Street, Weill Hall
Ann Arbor, MI 48109
United States
HOME PAGE: http://www-personal.umich.edu/~johncior/