THE IMPLEMENTATION OF EFFICIENT TRADE MATRIX AND GOLD RESERVE REQUIREMENT FOR COMMODITY TRADE AMONG ASEAN COUNTRIES
Tazkia Islamic Finance and Business Review
View Archive InfoField | Value | |
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 |
|