Prospects for Monetary Cooperation and Integration in East Asia

Released on by Ulrich Volz
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  • Prospects for Monetary Cooperation and Integration in East Asia Book Detail

  • Author : Ulrich Volz
  • Release Date : 2010
  • Publisher : MIT Press
  • Genre : East Asia
  • Pages : 339
  • ISBN 13 : 0262013991
  • File Size : 96,96 MB
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Prospects for Monetary Cooperation and Integration in East Asia by Ulrich Volz PDF Summary

Book Description: 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. --

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