The Feasibility Of East Asian Monetary Union As An Optimum Currency Area
Monetary cooperation in East Asia has become increasingly important and practical, particularly in times of regional economic and financial crisis. Contrary to those papers of studies in the mainstream, this paper evaluates the feasibility of monetary union in East Asia by benchmarking its optimu...
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| Format: | Article |
| Language: | English |
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Penerbit Universiti Sains Malaysia (USM Press)
2009
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| Online Access: | http://eprints.usm.my/40271/1/Chee_HeongQuah.pdf |
| _version_ | 1825834210203533312 |
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| author | Chee , Heong Quah |
| author_facet | Chee , Heong Quah |
| author_sort | Chee , Heong Quah |
| collection | USM |
| description | Monetary cooperation in East Asia has become increasingly important and
practical, particularly in times of regional economic and financial crisis.
Contrary to those papers of studies in the mainstream, this paper evaluates the
feasibility of monetary union in East Asia by benchmarking its optimum currency
area (OCA) criteria against selected dollarised countries and the European
Economic and Monetary Union (EMU). Four criteria are proposed. The US
dollar is designated as the anchor currency. To some extent, results do confirm
the validity of the criteria and suggest a considerably strong case for monetary
integration in parts of the region. |
| first_indexed | 2024-03-06T15:19:20Z |
| format | Article |
| id | usm.eprints-40271 |
| institution | Universiti Sains Malaysia |
| language | English |
| last_indexed | 2024-03-06T15:19:20Z |
| publishDate | 2009 |
| publisher | Penerbit Universiti Sains Malaysia (USM Press) |
| record_format | dspace |
| spelling | usm.eprints-402712018-05-03T06:29:46Z http://eprints.usm.my/40271/ The Feasibility Of East Asian Monetary Union As An Optimum Currency Area Chee , Heong Quah P1-1091 Philology. Linguistics(General) Monetary cooperation in East Asia has become increasingly important and practical, particularly in times of regional economic and financial crisis. Contrary to those papers of studies in the mainstream, this paper evaluates the feasibility of monetary union in East Asia by benchmarking its optimum currency area (OCA) criteria against selected dollarised countries and the European Economic and Monetary Union (EMU). Four criteria are proposed. The US dollar is designated as the anchor currency. To some extent, results do confirm the validity of the criteria and suggest a considerably strong case for monetary integration in parts of the region. Penerbit Universiti Sains Malaysia (USM Press) 2009 Article PeerReviewed application/pdf en http://eprints.usm.my/40271/1/Chee_HeongQuah.pdf Chee , Heong Quah (2009) The Feasibility Of East Asian Monetary Union As An Optimum Currency Area. International Journal of Asia Pacific Studies (IJAPS), 5 (2). pp. 1-26. ISSN ISSN: 1823-6243 http://ijaps.usm.my/wp-content/uploads/2012/06/Chee_HeongQuah.pdf |
| spellingShingle | P1-1091 Philology. Linguistics(General) Chee , Heong Quah The Feasibility Of East Asian Monetary Union As An Optimum Currency Area |
| title | The Feasibility Of East Asian Monetary Union
As An Optimum Currency Area |
| title_full | The Feasibility Of East Asian Monetary Union
As An Optimum Currency Area |
| title_fullStr | The Feasibility Of East Asian Monetary Union
As An Optimum Currency Area |
| title_full_unstemmed | The Feasibility Of East Asian Monetary Union
As An Optimum Currency Area |
| title_short | The Feasibility Of East Asian Monetary Union
As An Optimum Currency Area |
| title_sort | feasibility of east asian monetary union as an optimum currency area |
| topic | P1-1091 Philology. Linguistics(General) |
| url | http://eprints.usm.my/40271/1/Chee_HeongQuah.pdf |
| work_keys_str_mv | AT cheeheongquah thefeasibilityofeastasianmonetaryunionasanoptimumcurrencyarea AT cheeheongquah feasibilityofeastasianmonetaryunionasanoptimumcurrencyarea |