Despite the central bank's crucial position in the economy, as the issuer of the currency and the body responsible for monetary policy, its preferences regarding currency internationalization and its roles in that process have rarely been analyzed in the literature. This study attempts to fill...

Who are the first users of a newly-internationalizing currency? This issue, crucial to understanding the dynamics of the emergence of a new international monetary order, remains long underexplored in the existing literature, which tends to adopt a supply-side approach analyzing mainly the...

The contemporary debate on compliance with international regulatory regimes centres around three competing approaches to the issue of non-compliance: the enforcement approach, the management approach and market-based approach. However, the analysis of domestic political causes of non-compliance...

This study analyses international political economy (IPE) thought in Korea during its premodern and colonial eras. It divides these eras into three periods. The first period is the 18th century, in which Silhak arose. The second is the mid- and late 19th century, a time characterised by...

Despite the exploding interest in cryptocurrencies in the markets in recent years, the political economy study of them, in particular as money, remains underdeveloped. This seems quite surprising, given the otherwise extensive research on money and finance in the international political economy...

This paper analyzes the factors that have contributed to development of the Chiang Mai Initiative, which is one of the prominent examples of recent East Asian financial cooperation, by comparing it with the failed 1997 proposal for an Asian Monetary Fund