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The financial crisis in Europe has resulted in a new assessment of monetary and financial integration both in Europe and in Asia. Before the current crisis, regional integration in monetary and fiscal affairs including mechanisms to stabilize exchange rates enjoyed a lot of academic and...
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. Firstly, we shall describe our position within the theoretical discourse about convergence theory. Then we shall move on to …
Persistent link: https://www.econbiz.de/10012911602
ASEAN leaders approved the ASEAN Vision 2020 plan which attempts to turn ASEAN into a more competitive region within the world economy. The purpose of this paper is to discuss the feasibility of monetary and financial integration among ASEAN member countries. Monetary and financial integration...
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Nach den Finanzkrisen der 1990er Jahre haben sich in Asien und Lateinamerika Formen eines monetären Regionalismus (mR) herausgebildet, die das gemeinsame Ziel verfolgen, die eigene Region vor zukünftigen Finanzkrisen zu schützen. Dabei fallen wesentliche Unterschiede im Vorankommen der beiden...
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theory of international economic integration and explores the existing and emerging international integration agreements … treatment continues to be his union of theory and applied material. For him, the major interest always resides in the problems … created by the working out of various forms of integration in real situations. He uses theory but no more than is needed to …
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In this paper we explore the nexus between cross-border trade integration and monetary policy. We first review the evidence that trade liberalization has increased the degree of integration in North America and conclude that, while robust structural inferences remain elusive, there is sufficient...
Persistent link: https://www.econbiz.de/10011538633