| dc.description.abstract | In order to strengthening cooperation regional and form the strength regional in
ASEAN, likely require to relate at successful European Union in forming financial
and economic market integration (EMU). ME become the “model" a success
economic integration. We can conclude that to reach monetary union have to
beforehand realized by economic union supported by union and strong politics
willingness, where this matter have been blazed the way old in such a way by leaders
of European countries of West which is merged into EMU.
Intention of this research is to see the international parity condition of Purchasing
Power Parity (PPP) and rate of interest parity (UIP) of among currency in ASEAN-5
with the currency of United States. Result of this research obtained is show that the
goodness of theory of Purchasing Power Parity (PPP) and rate of interest parity
(UIP) cannot be holded for the nations of ASEAN-5. In general, hypothesis ß 1=1
refused by existing data. This fact is indication that PPP and UIP cannot be holded
during period 1980.01 until 2004.12. With do not hold of two the parity (PPP and
UIP) hence possibility to existing of monetary uni ASEAN likely still will passing
sufficient process. | en_US |
