Narrow search
Showing 1 - 10 of 134
Cover Image
Creation and evolution of European economic and monetary union : lessons for Asian economic integration
Subramanian, Muthurangam; Taghizadeh-Hesary, Farhad; … - 2020
of history confirm the stability of the euro as a single currency in the region and it is seen as a great achievement of …
Persistent link: https://www.econbiz.de/10012212663
Cover Image
Economic stability and choice of exchange rate regimes
Kaji, Sahoko - 2013
the current euro area crisis. The euro may have led to bubbles, but member economies were not free of trouble before the … euro. Many members were losing competitiveness and in need of removing structural rigidities. If anything, the euro was … introduction of the euro and then discuss the governance overhaul taking place in Europe today. This overhaul was something that …
Persistent link: https://www.econbiz.de/10009706243
Cover Image
The financial crisis : a wake-up call for strengthening regional monitoring of financial markets and regional coordination of financial sector policies?
Winkler, Adalbert - 2010
How much can regional monitoring of financial markets and coordination of financial sector policies contribute to preventing and mitigating financial crises? This paper reviews and compares the experiences of Europe and Asia, which have taken different routes and have achieved different levels...
Persistent link: https://www.econbiz.de/10003982941
Cover Image
Regional monitoring of capital flows and coordination of financial regulation : stakes and options for Asia
Plummer, Michael G. - 2010
The ongoing global economic crisis has punished Asian economies severely, despite the fact that its origins derive from outside the region. The global economic crisis was transmitted through real and financial channels, underscoring how vulnerable the region is to external shocks. This paper...
Persistent link: https://www.econbiz.de/10003983102
Cover Image
The Chiang Mai Initiative Multilateralisation : origin, development and outlook
Chalongphob Sussangkarn - 2010
This paper discusses the Chiang Mai Initiative Multilateralization (CMIM); its origin, development and future outlook. It puts forward a number of proposals to make the liquidity support role of the CMIM more effective. It is further argued that the CMIM can bring about major changes to the...
Persistent link: https://www.econbiz.de/10003983484
Cover Image
Trilemma and financial stability configurations in Asia
Aizenman, Joshua - 2011
This paper takes stock of recent research dealing with the degree to which the trilemma choices of Asian countries facilitated a smoother adjustment during the global crisis of 2008-2009, and the way the region has been coping with the adjustment to the postcrisis challenges. We point out that...
Persistent link: https://www.econbiz.de/10009379740
Cover Image
Prevention and resolution of foreign exchange crises in East Asia
Chalongphob Sussangkarn - 2012
This paper discusses mechanisms to prevent and resolve foreign exchange crises in East Asia. Policies and mechanisms at the country level as well as regional and global levels are discussed. Policies at the level of a particular country to prevent foreign exchange crises include the management...
Persistent link: https://www.econbiz.de/10009551417
Cover Image
Europe's debt crisis, coordination failure, and international effects
Collignon, Stefan - 2012
. It finds that political mishandling has increased uncertainty, which has contributed to a tendency for the euro to become …
Persistent link: https://www.econbiz.de/10009560024
Cover Image
Responding to the global financial crisis : the evolution of Asian regionalism and economic globalization
Chin, Gregory T. - 2012
This paper examines the evolving dynamics between economic globalization and Asian regional interdependence, and asks whether and how the global financial crisis impacted Asian regionalism. The analysis suggests that the global crisis did trigger advances in regional policy cooperation from 2007...
Persistent link: https://www.econbiz.de/10009487445
Cover Image
Lessons of the European crisis for regional monetary and financial integration in East Asia
Volz, Ulrich - 2012
The debt crisis in several member states of the euro area has raised doubts on the viability of European Economic and … Monetary Union (EMU) and the future of the euro. While the launch of the euro in 1999 stirred a lot of interest in regional … had the opposite effect, even raising expectations of a breakup of the euro area. Indeed, the crisis has highlighted the …
Persistent link: https://www.econbiz.de/10009492387