ASIAN economies will not be able to expand for long and will lag behind bigger players if a strong monetary union or economic bloc is not formed, finance and economics academician Prof Dr S. Ghon Ree (pic) said.
“If we do not have it in the next 20 to 30 years, we will then just remain as individual players that are unable to compete with powers like the US and countries in the European Union,” he said.
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