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East Asia's Monetary Future - Integration in the Global Economy (Hardcover, illustrated edition)
Loot Price: R3,336
Discovery Miles 33 360
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East Asia's Monetary Future - Integration in the Global Economy (Hardcover, illustrated edition)
Series: New Horizons in Money and Finance series
Expected to ship within 12 - 19 working days
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East Asia's Monetary Future is an illuminating and valuable work
which uniquely focuses on a long-term monetary view of the region.
There are multiple and varied future scenarios which can be applied
to this region - an enlarged Singapore-Brunei currency area, a
greater China monetary bloc and even a Northeast Asian bloc
comprising Japan and Korea. Leading scholars from East Asia, Europe
and the US contribute valuable new insights to the key questions
facing the organization and future of the monetary system in East
Asia. Central questions discussed and analysed in the book include,
amongst others: should the region move towards monetary union?
Should countries peg their exchange rates to the US dollar? Is
complete dollarization an option for East Asia? The authors argue
that, having realized price stability over the last twenty years,
in contrast to Latin America and Africa, the next logical step
would be the gradual formation of various currency blocs within the
region. This comprehensive discussion of the fundamental issues at
stake will ensure the book's appeal to academics and researchers of
Asian studies and financial economics. Financial experts working in
this area and policymakers will also find much of interest to them
within this book.
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