IDEAS home Printed from https://ideas.repec.org/p/rim/rimpre/02_09.html
   My bibliography  Save this paper

Monetary Integration in East Asia: Issues of Economic and Policy Convergence in a Comparative Context

Author

Listed:
  • Mordechai E. Kreinin

    (Michigan State University)

  • Michael G. Plummer

    (The Johns Hopkins University, SAIS-Bologna)

Abstract

In recent years, Asian policymakers have considered the possibility of promoting closer financial integration and, possibly, monetary union. This paper considers the economics of the decision to form a currency union in East Asia using the European experience as a benchmark. We also compare the appropriateness of an East Asian currency union to MERCOSUR. In sum, we find that a core group of five East Asian countries appear to meet the convergence criteria set out in the Maastricht Treaty, whereas some of the others are moving toward that goal. The macroeconomic indicators tend to be strong and symmetric.

Suggested Citation

  • Mordechai E. Kreinin & Michael G. Plummer, 2009. "Monetary Integration in East Asia: Issues of Economic and Policy Convergence in a Comparative Context," Professional Reports 02_09, Rimini Centre for Economic Analysis.
    • Handle: RePEc:rim:rimpre:02_09
    as

    Download full text from publisher

    File URL: http://www.rcea.org/RePEc/pdf/pr02_09.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Monetary integration; ASEAN; Economic Integration; East Asia;
    All these keywords.

    JEL classification:

    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions

    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:rim:rimpre:02_09. 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: Marco Savioli (email available below). General contact details of provider: https://edirc.repec.org/data/rcfeait.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.