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Monetary and Financial Integration in East Asia : The Relevance of European Experience (Hardcover)

Author: Park, Yung Chul

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Product Overview

This book looks at East Asia's monetary and financial integration from both Asian and European perspectives. It analyzes the Euro area's framework for monetary policy implementation, introduced in 1999. It reviews the efforts to foster regional monetary and financial integration and relates them to Europe's own evolution. It highlights successes and failures in both cases and offers a careful assessment of the state of play. A central theme of the volume is that the East Asian reliance on markets is not enough to promote the kind of deep integration that Europe has achieved and that provides protection against exchange rate turbulence. The implications of the recent global crisis are also examined.

Written by two of the foremost monetary experts on Asia and Europe, this book will be an invaluable aid to students and academics interested in the relevance of the European experience to the debates about monetary integration in East Asia.

Specifications

Publisher Oxford Univ Pr
Mfg Part# 9780199587124
SKU 214429730
Format Hardcover
ISBN10 0199587124
Release Date 8/1/2010
Product Attributes
Book Format Hardcover
Number of Pages 0175
Publisher Oxford University Press, USA
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