Author: Kyŏng-t'ae Yi
Publisher: KIEP
ISBN:
Category : East Asia
Languages : en
Pages : 68

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Book Description

Author: Woosik Moon
Publisher: Edward Elgar Publishing
ISBN: 1781009155
Category : Business & Economics
Languages : en
Pages : 241

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Book Description
Numerous ideas for monetary and financial cooperation in East Asia have been proposed both within and outside the region since the financial crisis in Asia. Despite this strong level of interest, however, there are few studies that aim to comprehensively address the issue from multiple perspectives. This insightful book redresses the balance and illustrates how East Asian countries plan to take advantage of their rising economic power in rearranging the new international monetary and financial order in the post-crisis era. The expert contributors examine the history, conditions and current efforts towards monetary integration in Asia and explore possible future paths, highlighting the roles and perspectives of East Asian countries in the integration process. They consider how East Asian economies could establish their own zone of monetary stability, and show that monetary stability cannot be separately addressed from the issues of economic growth and solidarity. Without economic growth and solidarity, there would be no purpose in pursuing monetary integration, therefore all three challenges must be simultaneously addressed. Against this backdrop, the book tackles the issues of East Asian monetary integration underpinned by the broad framework of economic growth and solidarity. Scholars of economics, monetary integration, Asian studies and regionalism will find this book to be an illuminating and thought-provoking read.

Author: Peng Er Lam
Publisher: World Scientific
ISBN: 9814407267
Category : Business & Economics
Languages : en
Pages : 331

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Book Description
This book examines the need for greater East Asian cooperation and the challenges to this grand endeavor. With differing national outlooks, how can East Asia preserve peace, prosperity and stability amidst geopolitical competition? To answer this question, the volume examines the political and economic relations between Beijing and its neighbors against the backdrop of two trends: the power shift from the West to the East in the aftermath of the American Financial Crisis and the ongoing eurozone crisis, as well as the rise of China.

Author: Koichi Hamada
Publisher: Edward Elgar Publishing
ISBN: 1848447345
Category : Business & Economics
Languages : en
Pages : 423

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Book Description
Towards Monetary and Financial Integration in East Asia is an important book. East Asia, led by China, has been and will continue to be the largest, most rapidly growing region in the world. Major global imbalances persist, with East Asia in large surplus. Yet East Asian financial and monetary integration is only in the early stages of what will necessarily be a long-run process. These 14 essays by different authors address, in six Parts, fundamental long-run issues and prospects. These include the development of a regional financial architecture, liquidity provision and crisis management, surveillance mechanisms, exchange rate arrangements, currency baskets, an Asian Currency Unit, and ultimately even a single currency. The implications of the rise of China and the role of Japan underlie much of these analyses. However imperfect, the EU is the dominant relevant experience for East Asian financial and monetary integration. It is important to understand, as the authors do, that it took 47 years from the EU s nascent founding to the establishment of the euro, and that economic integration has preceded political integration. This book importantly addresses such basic issues in this time frame and with an appreciation of the political economy difficulties of financial integration. Hugh Patrick, Columbia University, US The book edited by Professors Hamada, Reszat, and Volz gives a comprehensive overview of the current status and challenges of economic integration in East Asia. Monetary and financial integration in East Asia has proceeded gradually but steadily since the Asian financial crisis of 1997 98. The book is an authoritative cutting-edge collection of papers in respective topics which brings the reader to the frontier of the literature. Takatoshi Ito, University of Tokyo, Japan 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.

Author:
Publisher:
ISBN:
Category : Asia
Languages : en
Pages : 314

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Book Description
As Asia grows and prospers, its economies are increasingly vital to each other -and to the world. Led by a team of ADB staff, scholars, and advisers to regional policy makers, this study highlights what is at stake the emerging Asian regionalism and lays out the ground for further discussion on how to move forward.

Author:
Publisher:
ISBN:
Category : East Asia
Languages : en
Pages : 328

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Book Description

Author: Denis Hew Wei-Yen
Publisher: Institute of Southeast Asian Studies
ISBN: 9812303472
Category : Business & Economics
Languages : en
Pages : 339

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Book Description
At the Ninth ASEAN Summit in Bali on 7 October 2003, the leaders of the Association of Southeast Asian Nations agreed to establish an ASEAN Economic Community (AEC) by 2020. It is envisaged that the AEC would be a single market and production base, with a free flow of goods and services, investments, capital and skilled labour. An integrated ASEAN with a sizeable market of over 500 million people could become an alternative to China as a regional production base for MNCs. Although there are roadmaps for the fast-track integration of eleven priority sectors, an overall longer-term roadmap needs to be formulated to realize the AEC. This book addresses the main issues.

Author: Masahiro Kawai
Publisher: Oxford University Press (UK)
ISBN: 0198714157
Category : Business & Economics
Languages : en
Pages : 255

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Book Description
This edited volume evaluates the prospects for monetary and financial cooperation in East Asia after the crises in the developed countries (2008 in the US, 2010 in Europe).

Author: Pak (Yǒng-jǒl)
Publisher:
ISBN:
Category : East Asia
Languages : en
Pages : 160

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Book Description
The book analyses the Asian experience from both Asian and European perspectives.

Author: Yoong Yoong Lee
Publisher: World Scientific
ISBN: 9814335061
Category : Political Science
Languages : en
Pages : 371

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Book Description
Ch. 23. Encompassing the AEC blueprint into ASEAN's subregional frameworks : A commentary / Gary P. Krishnan -- Theme 4. Socio-cultural. ch. 24. Population ageing in ASEAN : Prospects and implications / Kang Soon Hock and Yap Mui Teng. ch. 25. Making ASEAN relevant to the young / Diana Lee. ch. 26. ASEAN and human capital / Faizal Bin Yahya. ch. 27. The ASEAN quest for greater engagement and commitment / Braema Mathiaparanam -- Theme 5. External relations. ch. 28. Lao PDR's role in ASEAN-China trade ties / H.E. Prime Minister Bouasone Bouphavanh. ch. 29. ASEAN's diplomatic importance to China / Sheng Lijun. ch. 30. ASEAN as a mover of Asian regionalism / Akiko Fukushima. ch. 31. What I have always wondered about ASEAN : A perspective from ROK / Lee Sun-Jin. ch. 32. India's place and ASEAN's primacy in the New East Asia / P.S. Suryanarayana. ch. 33. Reflections on regionalism : The ASEAN journey / Simon Murdoch. ch. 34. ASEAN and Latin America : Time for a vibrant connectivity / Paulo Alberto da Silveira Soares. ch. 35. Building a strategic partnership : A review of relations between ASEAN and the ILO / Ng Gek-Boo -- Theme 6. The future. ch. 36. The future of ASEAN : Obsolescent or resilient? / Amitav Acharya. ch. 37. How Can ASEAN stay relevant? / Joergen Oerstroem Moeller. ch. 38. ASEAN into the future : Towards a better monitoring and evaluation of regional co-operation programmes / Azmi Mat Akhir. ch. 39. Strengthening the foundation for an ASEAN community / Wilfrido V. Villacorta