Information about Asia and the Pacific Asia y el Pacífico
Front Matter

Front Matter

International Monetary Fund
Published Date:
August 2006
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Information about Asia and the Pacific Asia y el Pacífico
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Asian Monetary Integration: Will It Ever Happen?

Tharman Shanmugaratnam


ISSN 0252-3108

Editor: Archana Kumar

Composition: Alicia Etchebarne-Bourdin

Cover design and production: IMF Multimedia Services Division

The Per Jacobsson lectures are available on the Internet at Copies of the Per Jacobsson lectures may be acquired without charge from the Secretary of the Foundation.


The second 2006 Per Jacobsson Foundation Lecture was delivered by Tharman Shanmugaratnam, Singapore’s Minister for Education and Second Minister for Finance, on “Asian Monetary Integration: Will It Ever Happen?” at the Marina Mandarin Hotel in Singapore on September 17. The event was jointly organized by the Per Jacobsson Foundation and the Association of Banks in Singapore. Sir Andrew Crockett, Chairman of the Board of the Per Jacobsson Foundation, chaired the event.

The Per Jacobsson Foundation lectures are held annually on the occasion of the Annual Meetings of the International Monetary Fund and the World Bank. From time to time, an additional event is also organized in conjunction with the Bank for International Settlements in Switzerland. The Per Jacobsson Foundation was established in 1964 to carry forward the work of international cooperation in the monetary and economic field to which Per Jacobsson, the third Managing Director of the IMF, had devoted his professional life. The main purposes of the Foundation are to foster and stimulate discussion of international monetary problems, to support basic research in this field, and to disseminate the results of these activities.

Further information about the Per Jacobsson Foundation may be obtained from the Secretary of the Foundation or may be found on the website,

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