Project Info

Project Code
1011AR
Tranche
T07B
Tranche Type
Additional
Status
Closed
Title
Developing a regional financial and monetary architecture in the Asia-Pacific in support of global financial reforms

Entities

Implementing Entity (Lead)
ESCAP

Financial and Evaluation Info

Total Budget
$526,000.00
Project Selected for Evaluation
No

Countries and Regions

Areas of Work

Thematic Clusters
Macroeconomics and Finance

Objective and Expected Outcomes

Objective
To strengthen regional financial and monetary cooperation towards developing an inclusive and sustainable regional financial architecture in support of global economic reforms
Expected Outcome 1
Improved understanding among policymakers and development partners of key analytical issues and operational components involved in developing mechanisms for regional financial and monetary cooperation that could help build resistance against external economic shocks and promote the use of regional resources in a more productive and efficient manner
Expected Outcome 2
Enhanced regional consensus on the structure and components of a regional financial architecture and agreement on the basic framework as well as long-term plan for deepening regional financial and monetary cooperation towards developing a comprehensive regional financial architecture