国际贸易与金融教学教材.ppt

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * 國際貿易與金融 * Rationale for Regional Cooperation Financial crisis contagion Shift in market sentiments lead to jumps from superior equilibrium to inferior equilibrium ? weakness in fundamentals Economic downturn in one economy reverberate into another economy in the region which results in detrimental real effects = Regional cooperation thru peer pressure, club spirit, etc. 國際貿易與金融 * ASEAN Surveillance Process (ASP) Transferred from ADB to AS