Arbeitspapier

Monetary integration ahead of trade integration in East Asia?

Regionalism is taking two forms. It is occurring firstly through free trade arrangements and secondly through monetary arrangements. In this paper, we highlight the issues related to the reversal of sequence between trade integration (free trade agreement) and monetary integration (a monetary union). While the Euro area pursued trade integration first, from a theoretical point of view, there is no clear reason for introducing trade integration ahead of monetary integration. On the contrary we point out many good reasons for forming a monetary union before a free trade agreement.

Sprache
Englisch

Erschienen in
Series: ISER Discussion Paper ; No. 572

Klassifikation
Wirtschaft
Business Fluctuations; Cycles
Financial Aspects of Economic Integration
Open Economy Macroeconomics
Thema
monetary union
monetary integration
free trade agreement
Währungsunion
Freihandelszone
Wirtschaftsintegration
Ostasien

Ereignis
Geistige Schöpfung
(wer)
Shin, Kwanho
Wang, Yunjong
Ereignis
Veröffentlichung
(wer)
Osaka University, Institute of Social and Economic Research (ISER)
(wo)
Osaka
(wann)
2003

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Shin, Kwanho
  • Wang, Yunjong
  • Osaka University, Institute of Social and Economic Research (ISER)

Entstanden

  • 2003

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