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Financial integration in Asia

Mayes, David (2009) Financial integration in Asia. In: UNSPECIFIED. (Submitted)

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    Abstract

    This paper explores the progress of financial integration in Asia by comparison with the EU. In the process of development the Asian countries have focused more on access to the main markets of the world than to each other. Only more recently after the experience of unwelcome contagion in the crises of 1997-8 has there been a concerted effort to develop instruments to promote greater financial stability in the face of external shocks. Many initiatives are currently underway to improve regional financial integration and there is a movement to achieve monetary integration. However, the region is very heterogenous and inequalities in size and development will make full integration difficult. The process is thus likely to be drawn out but there is a clear direction.

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    Item Type: Conference or Workshop Item (UNSPECIFIED)
    Subjects for non-EU documents: EU policies and themes > External relations > EU-Asia-general
    Subjects for EU documents: UNSPECIFIED
    EU Series: UNSPECIFIED
    ["eprint_fieldname_eusries" not defined]: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Conference: European Union Studies Association (EUSA) > Biennial Conference > 2009 (11th), April 23-25, 2009
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 24 Oct 2012 19:06
    Number of Pages: 18
    Last Modified: 24 Oct 2012 19:13
    URI: http://aei.pitt.edu/id/eprint/33109

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