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... > social science subjects > politics and international relations > political science > comparative politics > regionalism > Chiang Mai Agreement
... > social science subjects > politics and international relations > governance > global governance > regionalism > Chiang Mai Agreement
... > social science subjects > business and management > management settings > business management > governance > global governance > regionalism > Chiang Mai Agreement
... > social science subjects > politics and international relations > international relations > global governance > regionalism > Chiang Mai Agreement
... > social science subjects > psychology > social psychology > group dynamics > group influence > power (sociology) > key debates in power > global governance > regionalism > Chiang Mai Agreement
... > social science subjects > psychology > social psychology > group dynamics > group influence > power (sociology) > power and political science > global governance > regionalism > Chiang Mai Agreement
... > social science subjects > psychology > social psychology > group dynamics > group influence > power (sociology) > power and political theory > global governance > regionalism > Chiang Mai Agreement
... > social science subjects > politics and international relations > global studies > global governance and world order > regionalism > Chiang Mai Agreement
social science subjects > politics and international relations > governance > regionalism > Chiang Mai Agreement
... > social science subjects > business and management > management settings > business management > governance > regionalism > Chiang Mai Agreement

Preferred term

Chiang Mai Agreement  

Definition

  • The Chiang Mai Agreement, also known as the Chiang Mai Initiative, is a set of bilateral currency swap arrangements established at Chiang Mai, Thailand, in May 2000, by the members of the Association of Southeast Asian Nations (ASEAN) with the addition of Japan, China, and South Korea (collectively referred to as “ASEAN+3”). The Agreement is meant to complement the International Monetary Fund (IMF) by providing emergency infusions of foreign currency to member countries suffering from liquidity crises. [Source: Encyclopedia of Governance; Chiang Mai Agreement]

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https://concepts.sagepub.com/social-science/concept/Chiang_Mai_Agreement

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