Book Description
"This paper argues that a regional financial architecture needs to be firmly established in East Asia, outlines recent developments in financial cooperation in the region, and provides possible directions for the future". -- p. 1.
Author : Haruhiko Kuroda
Publisher :
Page : 48 pages
File Size : 36,16 MB
Release : 2002
Category : Asian cooperation
ISBN :
"This paper argues that a regional financial architecture needs to be firmly established in East Asia, outlines recent developments in financial cooperation in the region, and provides possible directions for the future". -- p. 1.
Author : Jose Antonio Ocampo
Publisher : Rowman & Littlefield
Page : 386 pages
File Size : 33,18 MB
Release : 2007-08-29
Category : Business & Economics
ISBN : 0815764189
A Brookings Institution Press and Economic Commission for Latin America and the Caribbean (ECLAC) publication Using the experience of postwar Western Europe as a benchmark, José Antonio Ocampo and his colleagues assess how regional financial institutions can help developing countries—often at a disadvantage within the global financial framework— finance their investment needs, counteract the volatility of private capital flows, and make their voices heard. The 1997 Asian financial crisis generated extensive debate on the international financial architecture. Through this discussion, it became clear that services by financial institutions— including adequate mechanisms for preventing and managing financial crises, and instruments for safeguarding global macroeconomic and financial stability—are undersupplied. Furthermore, private international capital markets provide finance to developing countries in a way that effectively reduces the ability of those nations to undertake countercyclical macroeconomic policies. International capital markets ration out many developing countries, particularly the poorest, from private global capital markets. While these deficiencies in the financial architecture are clear, the post-1997 debate has done little to evaluate the role that regional institutions could play in improving global financial arrangements. Regional Financial Cooperation aims to fill that important gap. Contributors include Ernest Aryeetey (Institute of Statistical, Social and Economic Research, University of Ghana), Georges Corm (Saint Joseph University, Beirut), Roy Culpeper (North-South Institute, Ottawa), Ana Teresa Fuzzo de Lima (Institute of Development Studies, University of Sussex), Stephany Griffith-Jones (Institute of Development Studies, University of Sussex), Julia Leung (Hong Kong Monetary Authority), José Luis Machinea (ECLAC), Jae Ha Park (Korean Institute of Finance),Yung Chul Park (Korea University), Fernando Prada (FORO Nactional/International, Lima), Guillermo Rozenwurcel (School of Politics and Government, University of San Martin, Argentina)
Author : José Antonio Ocampo
Publisher : Brookings Institution Press
Page : 388 pages
File Size : 47,5 MB
Release : 2006
Category : Business & Economics
ISBN :
"Assesses how regional financial institutions can help developing countries, often at a disadvantage within the global financial framework, finance their investment needs, counteract the volatility of private capital flows, and make their voices heard"--Provided by publisher.
Author : Bambang Susantono
Publisher : Asian Development Bank
Page : 536 pages
File Size : 21,29 MB
Release : 2020-11-01
Category : Political Science
ISBN : 9292624938
This book reviews progress with regional cooperation and integration in Asia and the Pacific and explores how it can be reshaped to achieve a more resilient, sustainable, and inclusive future. Consisting of papers contributed by renowned scholars and Asian Development Bank staff, the book covers four major areas: public goods, trade and investment, financial cooperation, and regional health cooperation. The book emphasizes how the region can better leverage regional integration to realize its vast potential as well as overcome challenges such as the coronavirus disease (COVID-19) pandemic.
Author : L. Mühlich
Publisher : Springer
Page : 315 pages
File Size : 14,19 MB
Release : 2014-08-29
Category : Business & Economics
ISBN : 1137427213
This book examines regional monetary cooperation as a strategy to enhance macroeconomic stability in developing countries and emerging markets. Interdisciplinary case studies on Southern Africa, Southeast Asia and South America provide a cross-regional perspective on the viability of such strategy.
Author : Michael T. Skully
Publisher : Institute of Southeast Asian
Page : 92 pages
File Size : 29,18 MB
Release : 1979
Category : Business & Economics
ISBN :
Though political and trade matters have generally received the greatest attention in ASEAN related discussions, cooperation in ASEAN banking and financial matters is increasingly cited as a major goal. A variety of regional effeorts having been made at both government and private sector levels, this paper examines some of these developments to date, surveying not only the government and industry or professional association activities but also the efforts of foreign and local owned firms as well as the importance of the Asian Dollar Market in this development. Finally, from the comparison of the individual ASEAN members' financial sectors, some of the difficulties that lie ahead in the area of ASEAN financial cooperation are discussed.
Author : Masahiro Kawai
Publisher : OUP Oxford
Page : 255 pages
File Size : 15,35 MB
Release : 2015-04-02
Category : Business & Economics
ISBN : 0191023582
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 system and Europe's regional process were seen as objectives to be adapted to East Asia, as detailed in an overview chapter. The crises have shaken this strategy but also revealed the pre-existing deep disagreements. This book presents contributions by scholars from different countries. Each one was invited to describe the vision of their policymakers. The traidtional rivalry between China and Japan, the region's largest economies, reveals Chinese confidence into its rising power and Japanese growing doubts about its ability to weigh on the debate. For opposite reasons, both display a declining interest into regional cooperation. Korea and the ASEAN countries do not wish to choose between the regional powers but remain attached to regional cooperation and integration. They look for pragmatic solutions that recognize the value-chain characteristic of trade. Additional contributions by US and European scholars provide evaluations of the global and Eurozone crises and of their relevance for East Asian integration.
Author : Jennifer Ann Amyx
Publisher :
Page : 8 pages
File Size : 49,58 MB
Release : 2005
Category : Bond market
ISBN :
Author : C. Randall Henning
Publisher : Peterson Institute for International Economics
Page : 156 pages
File Size : 16,15 MB
Release : 2002
Category : Business & Economics
ISBN :
This study examines the case for and against regional financial arrangements in East Asia, describes the Chiang Mai Initiative, compares it to financial arrangements in other regions. It speaks specifically to the concerns of American, European and multilateral organizations, assessing the pros and cons for the global system of such regional financial arrangements.
Author : Yun-jong Wang
Publisher : 대외경제정책연구원
Page : 64 pages
File Size : 48,33 MB
Release : 1999
Category : Asian cooperation
ISBN :