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A Roadmap for East Asian Monetary Integration
financial integration
Author Kyung Tae Lee, Deok Ryong Yoon Series 07-04 Language English Date 2007.12.20
The paper deals with the questions of why Asian monetary and financial cooperation has not proceeded rapidly even though the countries have discussed this issue for so long and how to overcome this problem. The authors identify the lack of a common vision and a roadmap for monetary integration as the most significant impediments. (The rest is omitted.)
Executive Summary
I. Introduction
II. The Need: Why Are We Talking about Monetary Integration in East Asia?
III. The Feasibility of Monetary Integration in East Asia
1. Self-Sustainability
2. OCA-Criteria
3. Non-Economic Conditions
4. Regional Demand
IV. The European Experience and Implications
1. The European Experience
2. Major Components of a Roadmap
V. A Roadmap for Monetary Integration in East Asia
VI. A Common Vision as the Basis for a Roadmap
VII. Conclusion
References
Appendix
I. Introduction
II. The Need: Why Are We Talking about Monetary Integration in East Asia?
III. The Feasibility of Monetary Integration in East Asia
1. Self-Sustainability
2. OCA-Criteria
3. Non-Economic Conditions
4. Regional Demand
IV. The European Experience and Implications
1. The European Experience
2. Major Components of a Roadmap
V. A Roadmap for Monetary Integration in East Asia
VI. A Common Vision as the Basis for a Roadmap
VII. Conclusion
References
Appendix
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