IDEAS home Printed from https://ideas.repec.org/a/kob/review/feb2001v45p85-101.html
   My bibliography  Save this article

Monetary Cooperation in East Asian Countries: A Possibility from Macro Economic Indexes and Intra-Regional Trade Dependency

Author

Listed:
  • Bong Gil Kim

    (Kobe University)

  • Kazuhiro Igawa

    (Kobe University)

Abstract

This paper analyzes the possibility of currency area in Asia depending on macro-economic indexes and on intra-regional trade dependency, and possibly depending on financial dependency. These will be compared with those in EU. The next issue will be the process to converge into the currency area in Asia. APEC experience might give us much information about these issues. Not persuasive but voluntary participation of member countries in monetary cooperation and starting from weak cooperation to tighter cooperation will be the style in Asia. However it is not solved yet that gradual set-up of currency area is better or easier than rapid introduction of one common currency. All our arguments depend on our speculative perspective that one global currency system is the best final stage of international monetary system and this stage will not be in far future. We will discuss the perspective to a global currency area, taking into account of relations with Dollar and Euro and the Asian currency.

Suggested Citation

  • Bong Gil Kim & Kazuhiro Igawa, 2001. "Monetary Cooperation in East Asian Countries: A Possibility from Macro Economic Indexes and Intra-Regional Trade Dependency," Kobe Economic & Business Review, Research Institute for Economics & Business Administration, Kobe University, vol. 45, pages 85-101, February.
    • Handle: RePEc:kob:review:feb2001::v:45:p:85-101
    as

    Download full text from publisher

    File URL: https://www.rieb.kobe-u.ac.jp/research/publication/kobe_review/index.html
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Monetary Cooperation; Intenational Monetary System; ACU; EURO;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • G33 - Financial Economics - - Corporate Finance and Governance - - - Bankruptcy; Liquidation

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kob:review:feb2001::v:45:p:85-101. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Office of Promoting Research Collaboration, Research Institute for Economics & Business Administration, Kobe University (email available below). General contact details of provider: https://edirc.repec.org/data/rikobjp.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.