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The differences in economic level among ASEAN countries to make efforts to currency integration in the region becomes difficult to realize.
DENPASAR - The differences in economic level among ASEAN countries to make efforts to currency integration in the region becomes difficult to realize.
"If the countries will do the integration must have the same economic level or at least close," said Anggito Abimanyu GMU economic observers on the sidelines of the International Conference of the Federation of ASEAN Economist Association (FAEA) in Denpasar, on Thursday (12/02/2010 .)
Therefore, Anggito pleaded not too sure of integration can be carried out currency in ASEAN. "I am a bit pessimistic, ASEAN could impose a single currency, due to sharp differences in the level of economies of its member countries," said Anggito who is also General Secretary PP Indonesian Economist Association (ISEI).
He gave an example, the five ASEAN countries like Singapore, Indonesia, Thailand, Malaysia and the Philippines have different economic levels with other countries, like Cambodia, Laos and Myanmar. "Obviously the difference it will complicate the process of currency integration," he said
Actually, for Indonesia will not experience actual loss to the unification of the currency, because of its position in the country of the middle class. Precisely who feel aggrieved that the integration such as Britain to Singapore in the European region a position above other countries in terms of the level of the country's economy.
In contrast, other underdeveloped countries will also be difficult to pursue or to be able to adjust the currency integration. Therefore, Anggito not believe the currency integration efforts in ASEAN will be successful. "I think there has been no single currency unification agenda, which today is the ASEAN Currency Cooperation," he said.
Related to the integration of several sectors in the ASEAN region in 2015, he said, that the integration will be more done for trade and other economic sectors. "Also, other financial sector, I think quite a lot of the integration agenda, although it will not work properly without money there is a single eye," he said. (adn)
By rani, okezone.com, Updated: 12/2/2010 4:57 AM
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