Prospects for Monetary Cooperation and Integration in East Asia

Prospects for Monetary Cooperation and Integration in East Asia
Author: Ulrich Volz
Publisher: MIT Press
Total Pages: 339
Release: 2010
Genre: East Asia
ISBN: 0262013991

East Asian countries were notably uninterested in regional monetary integration until the late 1990's, when the Asian financial crisis revealed the fragility of the region's exchange rate arrangements and highlighted the need for a stronger regional financial architecture. Since then, the countries of East Asia have begun taking steps to explore monetary and financial cooperation, establishing such initiatives as regular consultations among finance ministers and central bank governors and the pooling of foreign exchange reserves. In this book Ulrich Volz investigates the prospects for monetary cooperation and integration in East Asia, using state-of-the-art theoretical and empirical tools to analyze the most promising policy options. --

Economic Integration in Asia

Economic Integration in Asia
Author: Deeparghya Mukherjee
Publisher: Routledge
Total Pages: 204
Release: 2019-01-14
Genre: Business & Economics
ISBN: 135106133X

The Regional Comprehensive Economic Partnership (RCEP) aims to achieve greater integration between the ASEAN region and its six free trade agreement (FTA) partners (India, China, Japan, Australia, New Zealand and Korea). The RCEP is the only agreement to include three economies which are among the seven biggest economies of the world—China, Japan and India. The book opens with an introduction to the current status of economic integration and factors that would affect it and looks at key issues like non-tariff barriers, evolving investment regulations in China (in the context of FTAs), connectivity initiatives to integrate the region, rules of origin in the context of value chain integration in selected sectors as well as region-specific aspects of South Asia and South East Asia which would shape the regional economic architecture going forward. With an attempt to cover key imperatives, the book concludes by noting primary impediments to easier trade and investment flows in the region, highlighting possible policy recommendations to improve economic integration.

Initiatives of Regional Integration in Asia in Comparative Perspective

Initiatives of Regional Integration in Asia in Comparative Perspective
Author: Howard Loewen
Publisher: Springer
Total Pages: 224
Release: 2018-03-12
Genre: Political Science
ISBN: 9402412115

This volume offers to compare and explain variances of regionalism in Asia by disclosing the distinctive features of regional arrangements and how they evolved during the 1990s and 2000s against the background of a changing global environment. Moreover, it takes up a genuinely ‘inter-Asian’ perspective. By analysing and comparing diverse manifestations of regional integration agreements across Asia and its different sub-regions, it sets out to track their common characteristics and sub-regional facets with respect to their establishment, design and consequences. In addition, political processes accompanying their negotiation and implementation are scrutinized. The analysis encompasses nine case studies written by renowned scholars who together as a group combine an extraordinary mixture of different disciplinary backgrounds as well as expertise on shapes and processes of regional integration in different parts of Asia. The case studies seize on some of the most important features and controversial issues characterizing the second regionalism. Such are the emergence and impact of overlapping FTAs, regional financial and sub-regional economic integration and cooperation, power and the politics of regional integration as well as the nexus between conflict resolution, state failure and regional integration.

Monetary Cooperation in East Asia

Monetary Cooperation in East Asia
Author: Raul V. Fabella
Publisher:
Total Pages: 72
Release: 2002
Genre: Business & Economics
ISBN:

Surveys the growing literature on monetary cooperation in East Asia (EA) that goes beyond the Chiang Mai Initiative. It compares and contrasts the various proposals for cooperation such as the Williamson basket peg, the Asian monetary system, and the yen block as to their crisis prevention impact and their feasibility, both economic and political. Also reviews the evidence on the readiness of EA and some of its proper subsets for a currency union in the light of experiences elsewhere, especially of European monetary cooperation. Chapters: currency unions and the European Monetary Union; current exchange rate regime and monetary cooperation in EA; proposals for monetary and exchange rate cooperation in EA; and costs and benefits of a monetary union in EA.

Asian Economic Cooperation and Integration

Asian Economic Cooperation and Integration
Author: Asian Development Bank
Publisher:
Total Pages: 424
Release: 2005
Genre: Business & Economics
ISBN:

Comprised of papers presented at a 2004 conference on Asian integration, this collection of expert views evaluates the current state of economic cooperation in Asia and explores the benefits and challenges of increased integration across the region. With an eye towards globalization and the modern geopolitical landscape, the essays reflect a growing awareness of the interdependence of countries in the region and discuss possible steps to continue the enhancement of intra-Asian relationships more expansively than ever before.

Future of Regional Cooperation in Asia and the Pacific

Future of Regional Cooperation in Asia and the Pacific
Author: Bambang Susantono
Publisher: Asian Development Bank
Total Pages: 536
Release: 2020-11-01
Genre: Political Science
ISBN: 9292624938

This book reviews progress with regional cooperation and integration in Asia and the Pacific and explores how it can be reshaped to achieve a more resilient, sustainable, and inclusive future. Consisting of papers contributed by renowned scholars and Asian Development Bank staff, the book covers four major areas: public goods, trade and investment, financial cooperation, and regional health cooperation. The book emphasizes how the region can better leverage regional integration to realize its vast potential as well as overcome challenges such as the coronavirus disease (COVID-19) pandemic.

Global Economic Prospects, June 2021

Global Economic Prospects, June 2021
Author: World Bank
Publisher: World Bank Publications
Total Pages: 339
Release: 2021-08-03
Genre: Business & Economics
ISBN: 1464816662

The world economy is experiencing a very strong but uneven recovery, with many emerging market and developing economies facing obstacles to vaccination. The global outlook remains uncertain, with major risks around the path of the pandemic and the possibility of financial stress amid large debt loads. Policy makers face a difficult balancing act as they seek to nurture the recovery while safeguarding price stability and fiscal sustainability. A comprehensive set of policies will be required to promote a strong recovery that mitigates inequality and enhances environmental sustainability, ultimately putting economies on a path of green, resilient, and inclusive development. Prominent among the necessary policies are efforts to lower trade costs so that trade can once again become a robust engine of growth. This year marks the 30th anniversary of the Global Economic Prospects. The Global Economic Prospects is a World Bank Group Flagship Report that examines global economic developments and prospects, with a special focus on emerging market and developing economies, on a semiannual basis (in January and June). Each edition includes analytical pieces on topical policy challenges faced by these economies.

Economic Outlook for Southeast Asia, China and India 2021 Reallocating Resources for Digitalisation

Economic Outlook for Southeast Asia, China and India 2021 Reallocating Resources for Digitalisation
Author: OECD
Publisher: OECD Publishing
Total Pages: 205
Release: 2021-02-04
Genre:
ISBN: 9264381074

The 2021 edition of the Outlook addresses reallocation of resources to digitalisation in response to COVID-19, with special focuses on health, education and Industry 4.0. During the COVID-19 crisis, digitalisation has proved critical to ensuring the continuity of essential services.

Regional Integration in East Asia and Europe

Regional Integration in East Asia and Europe
Author: Bertrand Fort
Publisher: Routledge
Total Pages: 358
Release: 2006-06-19
Genre: Political Science
ISBN: 1134209827

A fascinating insight into how regional organizations in Europe and East Asia are currently grappling with a striking number of essentially similar challenges. This issue-based overview of political integration focuses on the differences and similarities in regional integration levels and processes in the two regions, to examine how the long-term future, role and impact of organizations such as the EU and ASEAN may depend heavily on how well they deal with complex and conflict-laden issues in the next few years. This volume analyzes the historical development, current state and prospective future evolution of political integration in the two regions. These leading authors identify key variables that account for the contrasting political integration levels, clearly demonstrating and explaining why the rhythm of integration in both regions varies. With contributions from both Asian and European scholars on each topic, this book delivers: comparative rather than a single region focus breakdowns of regional integration into key issue areas analysis of monetary cooperation and integration incisive assessments of institutional reform key topics of enlargement, including: identity, distributional equity, the distribution of power and effectiveness or decision-making efficiency discussion of regional and international security crises expert scholarship from both European and Asian perspectives This volume will be of great interest to students and scholars of IPE, international relations, political science, contemporary history and European studies and Asian studies.