亚洲各国共同货币篮子的可能性，Possibility of Creating a Common Currency Basket for East Asia，by Eiji Ogawa,Kentaro Kawasaki, 发表于September 2003，Abstract：Our experience of the Asian currency crisis reminds us of a fact that the de facto
dollar peg was inadequate for East Asian countries that have close economic relationships with not only the United States but also Japan, European countries, and intra-regional countries. It follows that if a regional currency arrangement will be established in East Asia, regional currencies should have stable linkages with each other and should be stable vis-à-vis not a single major currency but a currency basket. Using a Generalized Purchasing Power Parity (G-PPP) model, we investigate the possibility of creating a common currency basket in East Asia, and which part of East Asian countries will be able to create a common currency area according to
the optimal currency area theory. We have analytical results that ASEAN5 countries, Korea and China will be able to form a common currency area and that a common currency basket will be more applicable as an anchor currency than the US dollar if these countries form a common currency area.