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Monetary and Financial Cooperation in East Asia: The State of Affairs After the Global and European Crises

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 |  2015-04-02 |  2015-04-02 | File type: PDF

|| |The book makes a valuable contribution to the literature on East Asian (economic) regional cooperation, or more generally economic regionalism...There is some excellent analysis, and indeed novel information, in the individual chapters.I would recommend this b

The global financial crisis and the Eurozone crisis have led to a profound rethink in East Asia about the international monetary system and regional monetary and financial integration. After the East Asian crisis of 1997, deeper regional cooperation was seen as the way to avoid reliance on the IMF and the rest of the world. Steps were taken, but they were limited because of disagreements reflecting regional rivalries. Still, integration into the global financial
sys...

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