IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this paper

Central banking in a regional economic setting: Possible contributions to integration

Listed author(s):
  • Heinrich, Gregor

Central banks can play an important role in facilitating and promoting regional economic and monetary integration. Examples are the European monetary union and a more recent initiative by a group of Asian central banks to boost liquidity in local bond markets in Asia through the “Asian Bond Fund 2”. This paper highlights the role of central banks in these efforts and points to issues that could be of relevance for the ongoing integration process in the Caribbean. It argues that the creation of a single currency area was based on a lengthy process, that economic integration came before monetary union, and that it required a strong degree of political determination; furthermore, integration is also assisted by the building of institutions and ongoing cooperation and dialogue among relevant authorities.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL:
File Function: original version
Download Restriction: no

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 47416.

in new window

Date of creation: May 2007
Handle: RePEc:pra:mprapa:47416
Contact details of provider: Postal:
Ludwigstraße 33, D-80539 Munich, Germany

Phone: +49-(0)89-2180-2459
Fax: +49-(0)89-2180-992459
Web page:

More information through EDIRC

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

in new window

  1. repec:dau:papers:123456789/81 is not listed on IDEAS
  2. Shelton Nicholls & Anthony Birchwood & Philip Colthrust & Earl Boodoo, 2000. "The State of and Prospects for the Deepening and Widening of Caribbean Integration," The World Economy, Wiley Blackwell, vol. 23(9), pages 1161-1194, 09.
  3. Heinrich, Gregor, 2006. "International Initiatives towards legal harmonisation in the field of Funds transfers, payments and payment systems - Annotated Bibliography," MPRA Paper 47419, University Library of Munich, Germany.
  4. John Hawkins & Marc Klau, 2005. "Financial Markets Aspects of Regional Currency Areas," Chapters,in: Regional Currency Areas in Financial Globalization, chapter 1 Edward Elgar Publishing.
Full references (including those not matched with items on IDEAS)

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:47416. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Joachim Winter)

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.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 profile, as there may be some citations waiting for confirmation.

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

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.