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OverviewThe 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. Full Product DetailsAuthor: Masahiro Kawai (Professor of Economics, University of Tokyo) , Yung Chul Park (Professor of Economics, Korea University) , Charles Wyplosz (Professor of International Economics, The Graduate Institute, Geneva)Publisher: Oxford University Press Imprint: Oxford University Press Dimensions: Width: 15.70cm , Height: 2.20cm , Length: 23.40cm Weight: 0.533kg ISBN: 9780198714156ISBN 10: 0198714157 Pages: 256 Publication Date: 02 April 2015 Audience: College/higher education , Undergraduate , Postgraduate, Research & Scholarly Format: Hardback Publisher's Status: Active Availability: Manufactured on demand  We will order this item for you from a manufactured on demand supplier. Table of ContentsReviewsThe book makes a valuable contribution to the literature on East Asian (economic) regional cooperation, or more generally economic regionalism...There is some excellent analysis, and indeed novel information, in the individual chapters.I would recommend this book to anyone with an interest in deepening their understanding of East Asian economic cooperation. The book makes a valuable contribution to the literature on East Asian (economic) regional cooperation, or more generally economic regionalism...There is some excellent analysis, and indeed novel information, in the individual chapters.I would recommend this book to anyone with an interest in deepening their understanding of East Asian economic cooperation. * JOEL MENDEL RATHUS, Economic Record * Author InformationProfessor Kawai has served as Chief Economist of the World Bank's East Asia and Pacific Region and Dean of the Asian Development Bank Institute. He holds a PhD from Stanford University. Professor Park has served as senior economic adviser to the president of Korea. He holds a PhD from the University of Minnesota. Professor Wyplosz is a frequent consultant to international organizations and various governments. He holds a PhD from Harvard University. Tab Content 6Author Website:Countries AvailableAll regions |
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