Executives' Meeting of East Asia and Pacific Central Banks - EMEAP

AAA

DEFINITION of 'Executives' Meeting of East Asia and Pacific Central Banks - EMEAP'

An organization of 11 central banks from the southeast and Pacific regions of Asia whose mandate is foster good relations among its member countries. The organization conducts annual and semiannual meetings, and creates working groups in order to discuss and analyze ongoing economical and financial happenings within the region.

INVESTOPEDIA EXPLAINS 'Executives' Meeting of East Asia and Pacific Central Banks - EMEAP'

An example of a project undertaken by the EMEAP is the creation of Asian bond funds. The organization believed that the debt markets in the region were vastly underdeveloped and as a result, relatively few investors were investing in the Asian bond markets compared to those in the West. The Asian bond funds were created to rectify this problem.

Member central banks include: the Reserve Bank of Australia, the People's Bank of China, the Hong Kong Monetary Authority, the Indonesia Bank, the Bank of Japan, The Bank of Korea, the Bank Negara Malaysia, the Reserve Bank of New Zealand, the Bangko Sentral ng Pilipinas, the Monetary Authority of Singapore and the Bank of Thailand.

RELATED TERMS
  1. Central Bank

    The entity responsible for overseeing the monetary system for ...
  2. Monetary Policy

    The actions of a central bank, currency board or other regulatory ...
  3. European Central Bank - ECB

    The central bank responsible for the monetary system of the European ...
  4. Bond Market

    The environment in which the issuance and trading of debt securities ...
  5. Asian Bond Fund - ABF

    A type of bond fund launched by the Executives' Meeting of East ...
  6. Protected Cell Company (PCC)

    A corporate structure in which a single legal entity is comprised ...
Related Articles
  1. Personal Finance

    How The U.S. Government Formulates Monetary Policy

    Learn about the tools the Fed uses to influence interest rates and general economic conditions.
  2. Forex Education

    Get To Know The Major Central Banks

    The policies of these banks affect the currency market like nothing else. See what makes them tick.
  3. Personal Finance

    What Are Central Banks?

    They print money, they control inflation, and much, much more. All you need to know about central banks is here.
  4. Brokers

    Is there a downside to having a high liquidity ratio?

    Find out why it might be disadvantageous for a company to have liquidity ratios that are too high, and learn how to find a healthy liquidity range for a firm.
  5. Fundamental Analysis

    What is the difference between revenue and profit?

    Understand the difference between revenue and profit, two key concepts in business accounting, including where each can be found on an income statement.
  6. Fundamental Analysis

    What is the difference between revenue and sales?

    Learn to distinguish between a company's revenue and its sales, and see why the distinction is important when analyzing a company's financial performance.
  7. Fundamental Analysis

    What is the difference between revenue and income?

    Understand the difference between income and revenue, how these terms are often confused in day-to-day usage and how to identify each on an income statement.
  8. Investing Basics

    Enterprise Resource Planning System: A How To

    An ERP system won’t transform poor management into good management, but the real-time business analytics can help make good management even better.
  9. Investing Basics

    How To Calculate Goodwill

    Goodwill is an intangible, but it is still possible to effectively calculate or estimate goodwill for a company.
  10. Economics

    What's the highest year-over-year inflation rate in the history of the U.S.?

    Learn about periods with the highest inflation in U.S. history and the mandated role of the U.S. Federal Reserve in controlling inflation.

You May Also Like

Hot Definitions
  1. Christmas Tree

    An options trading strategy that is generally achieved by purchasing one call option and selling two other call options at ...
  2. Christmas Club

    A short-term savings account that usually pays out the full account balance to its account holders once each year, right ...
  3. Boston Snow Indicator

    A market theory that states that a white Christmas in Boston will result in rising stock prices for the following year. For ...
  4. Christmas Island Dollar

    The former currency of Christmas Island, an Australian island in the Indian Ocean that was discovered on December 25, 1643. ...
  5. Santa Claus Rally

    A surge in the price of stocks that often occurs in the week between Christmas and New Year's Day. There are numerous explanations ...
  6. Commodity

    1. A basic good used in commerce that is interchangeable with other commodities of the same type. Commodities are most often ...
Trading Center