01588cas a2200241 a 4500 AALejournalIMF002756 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451875812 1018-5941 BD-DhAAL BD-DhAAL Maskay, Nephil. Patterns of Shocks and Regional Monetary Cooperation in South Asia / Nephil Maskay. Washington, D.C. : International Monetary Fund, 2003. 1 online resource (28 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The member states of the South Asian Association for Regional Cooperation have set as a target the achievement of an economic union by 2020. Reaching this goal will require greater levels of monetary cooperation. How should this be achieved? Data from South Asia suggest that member states have minor trade linkages and face asymmetrical patterns of shocks. This paper concludes that, absent a clear road map for monetary cooperation, the present process must be structured so as to be harmonized with the level of regional economic integration. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2003/240 Full text available on IMF http://elibrary.imf.org/view/journals/001/2003/240/001.2003.issue-240-en.xml IMF e-Library