Showing 1 - 10 of 184
This paper discusses mechanisms to prevent and resolve foreign exchange crises in East Asia. Policies and mechanisms at … prevention and resolution mechanism for East Asia …
Persistent link: https://www.econbiz.de/10013104515
inherent in the current global financial system. Asia was adversely affected by the crisis not only because of its dependence … on trade, but also because of its heavy reliance on the US dollar for regional and international transactions. As Asia …, extending the trade settlement scheme to the rest of Asia and appending a government bond payment and securities settlement …
Persistent link: https://www.econbiz.de/10010397306
financial and monetary cooperation in East Asia in the wake of the 2008 global financial crisis. The Republic of Korea would not … (ASEAN); Hong Kong, the PRC; and Taipei,China. Japan has shown less interest in assuming a greater role in East Asia … PRC. Otherwise, ASEAN 3 will lose its rationale for steering regional economic integration in East Asia …
Persistent link: https://www.econbiz.de/10013119267
This paper reviews some of the current debates on the reform of the international monetary system. Despite its deficiencies, the United States (US) dollar will remain the dominant currency and Special Drawing Rights (SDR) cannot serve as either an international medium of exchange or a reserve...
Persistent link: https://www.econbiz.de/10013104388
the world economy. This paper analyzes whether current efforts in East Asia in terms of financial and monetary cooperation …
Persistent link: https://www.econbiz.de/10014179435
It has taken two crises - the Asian financial crisis of 1997-1998 and the global financial crisis of 2007-2009 - for the international community to seriously focus on the reform of the international financial architecture for crisis prevention, management and resolution. Facing the global...
Persistent link: https://www.econbiz.de/10010279852
Rapid population ageing and economic transformation in Asia raise the policy challenge of ensuring income security in … schemes in Asia, informed by insights from theory and international experience. The paper identifies alternative forms of …
Persistent link: https://www.econbiz.de/10010397227
capital markets. The main policy implication is that governments in Asia should continue and/or strengthen pension reforms …
Persistent link: https://www.econbiz.de/10010397236
Trade integration and free trade agreement (FTA)-led cooperation between Asia and Latin America has increased since the … early 2000s. Using new criteria, this paper examines whether Asia-Latin America FTAs have facilitated market-led integration … by liberalizing trade and behind the border regulatory barriers. Overall Asia-Latin America FTAs provide the foundations …
Persistent link: https://www.econbiz.de/10010397259
Rapid trade-led economic growth in emerging Asia has been shifting the global economic and industrial centres of … gravity away from the north Atlantic, raising the importance of Asia in world trade but also altering the commodity … composition of trade by Asia and other regions. What began with Japan in the 1950s and the Republic of Korea and Taipei,China from …
Persistent link: https://www.econbiz.de/10010397264