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THE IMPLEMENTATION OF EFFICIENT TRADE MATRIX AND GOLD RESERVE REQUIREMENT FOR COMMODITY TRADE AMONG ASEAN COUNTRIES

Tazkia Islamic Finance and Business Review

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Title THE IMPLEMENTATION OF EFFICIENT TRADE MATRIX AND GOLD RESERVE REQUIREMENT FOR COMMODITY TRADE AMONG ASEAN COUNTRIES
 
Creator anisak, nurul; international Islamic university malaysia
 
Subject Asian Crisis; Efficient Trade Matrix; Gold Reserve Requirement; Commodity Trade; ASEAN
 
Description Objective - This study attempts to implement the efficient trade matrix among five selected ASEAN countries and its settlement by the gold reserve requirements through Multi-Bilateral Payments Arrangement (MBPA).Methods – The study is a qualitative research with analytic description. The purpose of this qualitative-descriptive study is to simulate the implementation of gold in the Multi-Bilateral Payment Arrangement among ASEAN countries using the current trade data.Results – This paper argues that the Southeast Asian countries can solve the problem through their internal coordination, particularly in terms of trade. One of the efforts is to reduce even eliminate the market risk by using the efficient payment arrangement.Conclusions – The study implied that the quantity amount of gold required to settle the trade balance will be reduced from the early gross payment. However, the ASEAN countries need to strengthen the cooperation among them through maximizing the trade relationship.
 
Publisher Institute for Research and Community Empowerment (LPPM TAZKIA)
 
Contributor
 
Date 2017-06-13
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://tifbr-tazkia.org/index.php/TIFBR/article/view/104
10.30993/tifbr.v10i1.104
 
Source Tazkia Islamic Finance and Business Review; Vol 10, No 1 (2016)
2460-0717
1907-8145
10.30993/tifbr.v10i1
 
Language eng
 
Relation http://tifbr-tazkia.org/index.php/TIFBR/article/view/104/104
 
Rights Copyright (c) 2017 Author and Publisher
http://creativecommons.org/licenses/by-nc-sa/4.0