China's role in East-Asian monetary integration

International Journal of Finance and Economics

Volumn 10, Issue 2, 2005, Pages 157-166

  Hefeker, Carsten ^a,b   Nabor, Andreas ^c  

^a UNIVERSITY OF SIEGEN   (Germany)

^b Hamburgisches Welt Wirtschafts Archiv   (Germany)

^c Isle of Man International Business School   (United Kingdom)

Author keywords

China; East Asia; Exchange rate regimes; Monetary integration

Indexed keywords

CURRENCY MARKET; ECONOMIC INTEGRATION; EXCHANGE RATE;

ASIA; CHINA; EASTERN HEMISPHERE; EURASIA; FAR EAST; WORLD;

EID: 18344392072     PISSN: 10769307     EISSN: None     Source Type: Journal    
DOI: 10.1002/ijfe.265     Document Type: Article

References (25)

1. Baek S-G, Song C-Y. 2002. Is currency union a feasible option in East Asia? In Currency Union in East Asia, Choo H-G, Wang Y (eds). Korea Institute of Economic Policy: Seoul; 107-146.
2. Baig T. 2001. Characterizing exchange rate regimes in post-crisis East Asia. IMF Working Paper 01/152.
3. Bayoumi T, Eichengreen B. 1994. One Money or Many? Analyzing the Prospects for Monetary Unification in Various Parts of the World. Princeton Studies in International Finance No. 76. Princeton University International Economics Section: Princeton.
4. Bayoumi T, Mauro P. 1999. The suitability of ASEAN for a regional currency arrangement. IMF Working Paper 99/162.
5. Braga de Macedo J, Cohen D, Reisen H. 2001. Monetary integration for sustained integration: earning rather than importing credibility. In Don't Fix, Don't Float, Braga de Macedo J, Cohen D, Reisen H (eds). OECD: Paris; 11-53.
6. Cheung Y, Chinn M, Fujii E. 2005. Perspectives on financial integration in the Chinese economies. International Journal of Finance and Economics 10(2): 117-132.
7. Eichengreen B. 2002. What to do with the Chiang Mai initiative? Mimeo, University of California at Berkeley.
8. Fabella R. 2002. Monetary cooperation in East Asia: a survey. ADB ERD Working Paper Series No. 13.
9. Fernald J, Babson O. 1999. Why has China survived the Asian crisis so well? What risks remain? Federal Reserve Board, International Finance Discussion Paper 633.
10. Frankel J, Rose A. 1998. The endogeneity of the optimum currency area criteria. Economic Journal 108: 1009-1025.
11. Gilbert J, Scollay R, Bora B. 2001. Assessing Regional Trading Arrangements in the Asia-Pacific. Policy Issues in International Trade and Commodities Studies Series 15. UNCTAD: Geneva.
12. Goldstein M. 2004. Adjusting China's exchange rate policies. Mimeo, Institute for International Economics.
13. Gros D, Thygesen N. 1998. European Monetary Integration. Longman: London.
14. International Monetary Fund. 2002. Annual Report on Exchange Arrangements and Exchange Restrictions. IMF: Washington, DC.
15. International Monetary Fund. 2004. China's growth and integration into the world economy: prospects and challenges. IMF Occasional Paper 232.
16. Kang S, Kim S, Wang Y. 2005. The effects of the Yen/Dollar exchange rate on the Korean economy. International Journal of Finance and Economics 10: 167-183.
17. Kwan CH. 2001. Yen Bloc: Towards Economic Integration in Asia. Brookings: Washington, DC.
18. McKinnon R, Schnabel G. 2003. China: a stabilizing or destabilizing influence in East Asia? The problem of conflicted virtue. Mimeo, Stanford University.
19. Moon W, Rhee Y. 1999. Asian monetary cooperation: lessons from the European monetary integration. Journal of International and Area Studies 6: 33-49.
20. OECD. 2002. China in the World Economy: The Domestic Policy Challenges. OECD: Paris.
21. Ogawa E, Ito T. 2000. On the desirability of a regional basket currency arrangement. NBER Working Paper 8002.
22. Williamson J. 1999. The case for a common basket peg for East Asian Currencies. In Exchange Rate Policies in Emerging Asian Countries, Collignon S, Pisani-Ferry J, Park YC (eds). Routledge: London; 327-343.
23. Williamson J. 2000. Exchange Rate Regimes for Emerging Markets: Reviving the Intermediate Option. Institute for International Economics: Washington, DC.
24. World Bank. 1999. Global Economic Prospects and the Developing Countries. Oxford University Press: New York.
25. Wyplosz C. 2001. A monetary union in Asia? Some European lessons. Mimeo, Graduate Institute for International Studies.