Asian Monetary Cooperation: Theory and Possibility

摘要：

In this paper we attempt to make a comprehensive analysis of Asian monetary cooperation.The intra-regional trade and investment, the degree of economic openness, the flexibility of wages and prices in East Asian is high, meeting with the basic conditions to construct optimal currency area. When considering the factor mobility, the interdependence of financial market, the level of economic development, the economic structure and the likelihood of economic policy, we could find that there is still a long way to regional monetary cooperation in East Asia. However, it is possible to establish some sub-regional monetary cooperation.

关键词： Asian Monetary Cooperation Optimal Currency Area Possibility

作者: ZHAO Xijun SONG Xiaoling

作者单位: School of Finance Renmin university of China,Beijing,PR.China,100872

会议类型: 国际会议

会议名称: 2008 International Conference of Management Science and Engineering(2008管理科学与工程国际学术会议)

会议地点: 河南焦作

会议语种:英文

页码: 774-777

在线出版日期: 2008-11-01（万方平台首次上网日期，不代表论文的发表时间）