In 2010, the Chiang Mai Initiative Multilateralization 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.
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Research Article| October 01 2011
Chiang Mai Initiative Multilateralization: International Politics and Institution-Building in Asia
Asian Survey (2011) 51 (5): 926–952.
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JOHN D. CIORCIARI; Chiang Mai Initiative Multilateralization: International Politics and Institution-Building in Asia. Asian Survey 1 October 2011; 51 (5): 926–952. doi: https://doi.org/10.1525/as.2011.51.5.926
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