rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    title: Currency Cooperation in East Asia
  name:
    name part: Rövekamp, Frank.
    role:
      role term: editor.
  name:
    name part: Hilpert, Hanns Günther.
    role:
      role term: editor.
  name:
    name part: SpringerLink (Online service)
  type of resource: text
  origin info:
    place:
      place term: gw
    date issued: 2014
    issuance: monographic
  language:
    language term: eng
  physical description:
    form: electronic
    form: electronic resource
    reformatting quality: access
    form: remote
    extent: VIII, 166 p. 46 illus. online resource.
  abstract: This book explores the opportunities and limits of currency cooperation in East Asia. Currency issues play an important role in the region. The Asian crisis of the late 90s was rooted in deficient currency arrangements. The Chinese RMB is not freely convertible yet, but policymakers in China nevertheless aim for a more international role of the Chinese currency. The recent change of direction in Japanese monetary policy caused a drastic depreciation of the Yen and led to warnings against a possible “currency war”, thus demonstrating that currency issues can also easily lead to political frictions. Most trade in and with the East Asian zone on the other hand is still conducted in US $. Against this background different modes of currency cooperation serve the goal of smoothing exchange rate fluctuations and capital flows. They are an important element to promote financial stability and to reduce the transaction cost for foreign trade or investment. The contributions of this book analyze the environment and design of currency cooperation in East Asia and their effects from a macro-and microeconomic viewpoint.
  table of contents: Frank Rövekamp, Hanns Günther Hilpert: Currency Area East Asia – Cooperation or Confrontation? - Patrick Hess: China’s Financial System: Past Reforms, Future Ambitions and Current State -- Franz Waldenberger: Japan’s New Monetary Policy – Some Critical Questions -- Ulrich Volz: RMB Internationalisation and Currency Cooperation in East Asia -- Kenichi Shimizu: Regional Exchange Rate Management in East Asia - Possibilities and Limits -- Werner Pascha: The Chiang Mai Process as a Case Study of Financial Cooperation in Pacific Asia – Institutional Issues and Experiences -- Andreas Steiner: Reserve Policies of East Asian Central Banks - Causes, Consequences and Prospects -- Jerome Shin: Korea-China Currency Swap-Financed Trade Settlement Facility -- Hans Bleuel: Asian Currency Cooperation and the Potential Microeconomic Effects of Reduced Exchange Rate Fluctuations -- Franziska Schobert, Lijun Yu: The Role of Reserve Requirements - The Case of Contemporary China Compared to Postwar Germany.
  note: edited by Frank Rövekamp, Hanns Günther Hilpert.
  subject:
    topic: Macroeconomics
  subject:
    topic: Economic policy
  subject:
    topic: Economics
  subject:
    topic: Macroeconomics/Monetary Economics//Financial Economics
  subject:
    topic: Economic Policy
  classification: HB172.5
  classification: 339
  related item:
    title info:
      title: Springer eBooks
  related item:
    title info:
      title: Financial and Monetary Policy Studies, 38
  identifier: 9783319030623
  identifier: http://dx.doi.org/10.1007/978-3-319-03062-3
  record info:
    record creation date: 140301
    record change date: 20151204185427.0
    record identifier: 978-3-319-03062-3