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La coopération monétaire régionale est-elle un préalable à l'intégration commerciale de l'Asie ?

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  • Kang-Soek Lee
  • Philippe Saucier

Abstract

This paper assesses the influence of exchange rates volatility among Asian countries on intra-regional trade. Results indicate that exchange rates stabilization through regional monetary cooperation is an important stake, or even a prerequisite, to a deepening of trade integration of the region. Analysis relates volatility, estimated with an ARCH/GARCH process, to trade within a gravitational model.

Suggested Citation

  • Kang-Soek Lee & Philippe Saucier, 2005. "La coopération monétaire régionale est-elle un préalable à l'intégration commerciale de l'Asie ?," Mondes en développement, De Boeck Université, vol. 130(2), pages 95-110.
  • Handle: RePEc:cai:meddbu:med_130_0095
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    References listed on IDEAS

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    Keywords

    exchange rate; commerce; monetary cooperation; Asia;

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