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
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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
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Objekttyp
- Arbeitspapier
Beteiligte
- Shin, Kwanho
- Wang, Yunjong
- Osaka University, Institute of Social and Economic Research (ISER)
Entstanden
- 2003