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Full-Text Articles in Law
The Establishment Of A Unified Asean Monetary System Following The European Model: Is It Legally Feasible?, James Keith C. Heffron
The Establishment Of A Unified Asean Monetary System Following The European Model: Is It Legally Feasible?, James Keith C. Heffron
Center for Business Research and Development
For the last several decades, the drive towards globalization has influenced most of the world’s economic and fiscal direction. Regional cooperation therefore is a natural step towards this thrust. For many years, many sectors have been clamoring for a unified monetary system in the ASEAN patterned after the European Monetary System, the same system that gave birth to the Euro – the European Union’s regional currency. The main benefit of having a regional unified monetary system is price and currency stability. This in turn would result to an accelerated economic growth in the region especially in developing members such as …
The Future Of Islamic Banking In The Philippines: Finding A Niche, Kenneth Michael A. De Castro
The Future Of Islamic Banking In The Philippines: Finding A Niche, Kenneth Michael A. De Castro
Center for Business Research and Development
Among the United Nations’ Sustainable Development Goals are economic growth and reducing inequality. Sustainable economic growth can drive progress, create decent jobs for, and improve living standards, whereas reducing inequality ensures that no one is left behind in all aspects of human life. Bridging sustainable economic growth and reduction of social inequality is financial inclusion. As individuals and businesses have access to useful and affordable financial products and services that meet their needs, it helps them manage their current consumption, invest for the future, and mitigate their exposure to various financial and economic risks. In the case of the Philippines, …