This is a Caomparative Study of the Euro to the Prospect of ASEAN the one currency.

1. Lesson From Euro For East-Asian Common Currency Presentation on Seminar On East-Asian Economic Community

7. Inflation for the six plus Denmark, Ireland and the UK, 1970-79

14. Unemployment for EU, US, UK and three European States Mulhearn, C. et al, 2008: “The Euro. Its Origin, Development and Prospects” There was decline trend in Italy but a cyclical trend in Germany, France and EU but all ended lower in 2007 compared to 1999

15. This is a further unemployment rate per period in the European areas for 2005, since 1960.

17. RER, based on unit labor costs

22. After the euro introduction, the divergent of PDB/cap within the euro-zone countries rises from 1999 to 2007. Most of the countries have a decline in growth rate within the period 1999-2007 compared to 1992-1999 0.64 0.51 0.50 CV 16,363 0.021 13,845.51 0.025 11,673.51 Spain: 11,454 0.009 10,654.17 0.025 8,973.39 Portugal: 26,845 0.016 23,635.60 0.025 19,870.90 Netherlands 56,358 0.034 43,267.25 0.031 34,951.47 Luxembourg 20,017 0.009 18,611.55 0.014 16,886.46 Italy: 32,568 0.042 23,449.11 0.073 14,342.66 Ireland: 14,962 0.051 10,079.00 0.015 9,102.41 Greece: 25,249 0.015 22,428.94 0.012 20,566.25 Germany: 23,636 0.010 21,776.43 0.015 19,592.96 France: 28,498 0.032 22,233.53 0.031 17,937.84 Finland: 25,030 0.017 21,836.90 0.018 19,339.20 Belgium: 26,664 0.016 23,436.61 0.019 20,529.90 Austria: 2007 Growth % 1999 Growth % 1992 Country GDP/CAP in constant prices 2000 USD Euro-Zone

27. Second Part: The Lesson From Euro-Zone For East-Asia Presentation on Seminar On East-Asian Economic Community

31. 1.38 1.31 1.37 CV 499 0.080 270.158 0.035 211.824 Cambodia: 451 0.045 318.055 0.040 241.18 Laos: 300 -0.021 356.689 -0.005 368.654 East Timor: 617 0.064 376.588 0.060 250.603 Vietnam: 654 -0.006 684.203 0.012 630.325 Papua New Guinea: 1,038 0.038 772.626 0.016 691.613 Indonesia: 1,864 0.098 881.852 0.092 475.931 China: 1,202 0.029 957.719 0.014 870.706 Philippines: 2,592 0.038 1,925.38 0.022 1,657.62 Thailand: 5,018 0.039 3,689.87 0.036 2,881.58 Malaysia: 15,158 0.052 10,117.21 0.043 7,521.76 Korea, South: 18,150 0.044 12,890.47 -0.014 14,204.85 Brunei: 31,118 0.048 21,322.16 0.045 15,675.22 Singapore 34,041 0.049 23,179.32 0.014 21,041.39 Hong Kong: 40,707 0.017 35,664.16 0.005 34,535.46 Japan: 2007 Grwth/yr 1999 Grwth/yr 1992 Countries GDP/CAP in constant prices 2000 USD East Asia

38. ADB (2010): Emerging East Asia A Regional Economic Update

51. IMF Classification of Exchange Rate Regime