AMF (Asian Monetary Fund) in the making?

Discussion in 'Economics' started by DR4MA, Oct 26, 2008.

  1. DR4MA


    The Asian countries are strongly considering putting together an Asian version of the IMF.

    This is quite an impressive initiative. Quite a bold move considering the global state of affairs.

    Of course, Washington is highly opposing this move.

    What are your first thoughts? What are the implications of an "A"MF?