Association of South East Asian Nations (ASEAN)

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Is there any possibility for the establishment of a single ASEAN currency? Recent economic history suggests that pooling a number of member economies is effective in competing with the monopolistic...

Is there any possibility for the establishment of a single ASEAN currency?

Recent economic history suggests that pooling a number of member economies is effective in competing with the monopolistic USD as a world widely accepted currency.  No visa requirement within the Association of South East Asian Nations (ASEAN) has proven to increase tourism in all its member countries. 

Merging both ideas, is there any possibility for the establishment of a single ASEAN currency?

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It is very unlikely that a single ASEAN currency could be introduced any time in the near future.  The tremendous problems being faced by the euro zone in Europe will serve to deter any attempts to create a single currency for the ASEAN countries.

In Europe, the major...

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