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Current Account Surpluses and Conflicted Virtue in East Asia: China and Japan under the Dollar Standard

In: Towards Monetary and Financial Integration in East Asia

Author

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  • Ronald McKinnon
  • Gunther Schnabl

Abstract

This indispensable book provides a comprehensive analysis of monetary and financial integration in East Asia. It assesses the steps already taken toward financial integration and brings forward different proposals for future exchange rate arrangements in what has now become the world’s most dynamic region.

Suggested Citation

  • Ronald McKinnon & Gunther Schnabl, 2009. "Current Account Surpluses and Conflicted Virtue in East Asia: China and Japan under the Dollar Standard," Chapters, in: Koichi Hamada & Beate Reszat & Ulrich Volz (ed.), Towards Monetary and Financial Integration in East Asia, chapter 7, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:13458_7
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    Cited by:

    1. Nakhli, Mohamed Sahbi & Gaies, Brahim, 2021. "Political risk and financial development in Nigeria: Can credit buy social peace?," The Quarterly Review of Economics and Finance, Elsevier, vol. 82(C), pages 55-62.
    2. C. Randall Henning, 2012. "Choice and Coercion in East Asian Exchange Rate Regimes," Working Paper Series WP12-15, Peterson Institute for International Economics.

    More about this item

    Keywords

    Asian Studies; Economics and Finance;

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