Preprintgreen2006

Economic Integration in East Asia: Trends, Prospects, and a Possible Roadmap

79 citations0/0 files storedRePEc: Research Papers in Economics

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Global Financial Crisis and Policies Monetary Policy and Economic Impact Global Political and Economic Relations

Abstract

This paper reviews trends in East Asian regionalism in the areas of trade and investment, money and finance, and infrastructure. It presents various measures of trade and financial integration. An important finding of the paper is that increasing trade and financial integration in the region is now starting to lead to a synchronization of business cycles in a selected group of countries, further enhancing the case for monetary integration among these countries. The paper also outlines a roadmap for East Asian integration.

Citations in this library

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References

1998The Endogenity of the Optimum Currency Area Criteria 1962The Theory of Economic Integration 1982The Theory of Economic Integration 2005Breaks in the Variability and Comovement of G-7 Economic Growth 2005East Asian economic regionalism: progress and challenges 1999The Suitability of ASEAN for a Regional Currency Arrangement 2003Trade Integration and Business Cycle Synchronization in East Asia

Cited by

2007Economic integration and synchronization of business cycles in East Asia 2008Patterns and Determinants of Cross-border Financial Asset Holdings in East Asia 2012Intra-Regional Trade in East Asia 2007Evolving Economic Architecture in East Asia 2008Emerging East Asian Banking Systems Ten Years after the 1997/98 Crisis 2007Changing Nature of North-South Linkages 2007A Counter-Cyclical Framework for a Development-Friendly International Financial Architecture 2007Measuring Regional Market Integration in Developing Asia: a Dynamic Factor Error Correction Model (DF-ECM) Approach

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