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Asian Currency Unit Shaping Up
By Doris Dumlao
First Posted 08:32pm (Mla time) 06/17/2007
BERLIN The proposed unified Asian currency unit (ACU) is moving forward with Southeast Asia plus China, Korea and Japan at the core of the initiative toward monetary integration, a German economist and adviser to the Asian Development Bank said.
Alfred Steinherr, chief of the macroeconomic unit of DIW Berlin, Germany’s biggest and oldest think-tank, told visiting journalists from Asia and Africa that the proposed monetary integration was shaping up along the lines of the Chiang Mai initiative of the 10-member Association of Southeast Asian Nations (Asean) plus three.
Originally posted by X9ballX
one more step to a one world governemt