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 … vulnerability. As demonstrated by the renminbi trade settlement scheme piloted between the People's Republic of China; Hong Kong …

currencies seem to matter for exchange rate determination in Asia beyond the very short term. To this end, we employ country …

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 …

financial crisis on Asian economies and the implications of post-crisis adjustment in emerging East Asia (EEA) for the world …

This paper revisits the issue of exchange rate regimes in emerging Asia. It is divided into two main parts. The first … part compares de jure and de facto exchange rate regimes in Asia over the decade 1999–2009. The second part focuses on the …

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 …

In this paper, we examine capital account openness and exchange rate flexibility in 11 Asian economies. Asia has made …

Regional monetary and financial cooperation in Asia has been discussed for years. To move towards a coordinated … surveillance indicators for monetary cooperation in Asia …