Is East Asia as prepared as eurozone for monetary union?
Based on optimum currency areas (OCA) theory and recent developments in the exchange rate regime literature, this paper evaluates the level of preparedness of East Asia for monetary integration by using the EMU as benchmark. Ten macroeconomic dimensions are explored in which the first five facets a...
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Format: | Article |
Language: | English |
Published: |
Vilnius Gediminas Technical University
2012-05-01
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Series: | Journal of Business Economics and Management |
Subjects: | |
Online Access: | https://journals.vgtu.lt/index.php/JBEM/article/view/4396 |