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Essay text:
I believe that this kind of study will be indispensable for enhancing current discussions.
The paper compares the following countries for correlation among the countries for GDP, International and intra-regional trade, BOP as % of GDP, and Reserve accumulation for the time-period from 1989-2006.
1. Indonesia
2. Malaysia
3. Singapore
4. Thailand
5. Japan
6. Philippines
Finally to compare the learning from the EMU we would revisit the formulation of the EU and compare our findings with the ASEAN, also to suggest the role of Japan similar to the role of Germany in the formulation of EU, due to various reasons discussed further...
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