Prospects for Monetary Cooperation and Integration in East Asia
Prospects for Monetary Cooperation and Integration in East Asia

Author: Ulrich Volz

Publisher: MIT Press

Published: 2010

Total Pages: 339

ISBN-13: 0262013991

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East Asian countries were notably uninterested in regional monetary integration until the late 1990's, when the Asian financial crisis revealed the fragility of the region's exchange rate arrangements and highlighted the need for a stronger regional financial architecture. Since then, the countries of East Asia have begun taking steps to explore monetary and financial cooperation, establishing such initiatives as regular consultations among finance ministers and central bank governors and the pooling of foreign exchange reserves. In this book Ulrich Volz investigates the prospects for monetary cooperation and integration in East Asia, using state-of-the-art theoretical and empirical tools to analyze the most promising policy options. --

East Asian Financial Cooperation
East Asian Financial Cooperation

Author: C. Randall Henning

Publisher: Peterson Institute for International Economics

Published: 2002

Total Pages: 148

ISBN-13:

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This study examines the case for and against regional financial arrangements in East Asia, describes the Chiang Mai Initiative, compares it to financial arrangements in other regions. It speaks specifically to the concerns of American, European and multilateral organizations, assessing the pros and cons for the global system of such regional financial arrangements.