This indispensable book provides a comprehensive analysis of
monetary and financial integration in East Asia. It assesses the
steps already taken toward financial integration and brings forward
different proposals for future exchange rate arrangements in what
has now become the world's most dynamic region. With contributions
from distinguished experts this timely book evaluates the economic
and politico-economic arguments and conditions for monetary and
financial integration in East Asia. It explores how and to what
extent the countries of the region can integrate despite their
heterogeneity and their underlying political tensions. Drawing on
the European experiences, this book analyzes the economic logic of
monetary and financial integration in East Asia and its political
feasibility. This invaluable broad analysis will be of interest to
academic researchers, students, policy-makers and professional
economists working on matters of international economic
cooperation, common currency areas, international open economy
macroeconomics, and East Asian integration.
General
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