Regional Currency or Regional Trade Policy? An East Asian Perspective of 21st Century Growth
Being inspired by initial Euro-success, renowned economist Robert Mundell was overoptimistic about adoption of a large currency area in Asia; however, empirical literature on East Asian regional currency is yet inconclusive. Advocates of the optimum currency area (OCA) theory identifies trade enhanc...
| Main Authors: | , |
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| Format: | Conference Paper |
| Language: | English |
| Published: |
The International Institute of Knowledge Management (TIIKM)
2019
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| Subjects: | |
| Online Access: | https://economicconference.co/publications-2019/ http://hdl.handle.net/20.500.11937/76687 |
| _version_ | 1848763744492978176 |
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| author | Salim, Ruhul Kabir, S. |
| author_facet | Salim, Ruhul Kabir, S. |
| author_sort | Salim, Ruhul |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | Being inspired by initial Euro-success, renowned economist Robert Mundell was overoptimistic about adoption of a large currency area in Asia; however, empirical literature on East Asian regional currency is yet inconclusive. Advocates of the optimum currency area (OCA) theory identifies trade enhancement as a major benefit of regional currency adoption. East Asia, however, enjoys high trade enhancement for decades through their ongoing regional integration process in spite of long-practiced controversial individual currency arrangements. As such, a well-managed regional trade policy seems more appropriate for East Asian trade and economic growth. Existing literature consistently ignores the importance of East Asian regional ‘trade policy’ integration and limit the focus to regional ‘trade’ integration motivated by the OCA literature. |
| first_indexed | 2025-11-14T11:08:20Z |
| format | Conference Paper |
| id | curtin-20.500.11937-76687 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T11:08:20Z |
| publishDate | 2019 |
| publisher | The International Institute of Knowledge Management (TIIKM) |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-766872019-11-01T03:05:24Z Regional Currency or Regional Trade Policy? An East Asian Perspective of 21st Century Growth Salim, Ruhul Kabir, S. 1402 - Applied Economics Being inspired by initial Euro-success, renowned economist Robert Mundell was overoptimistic about adoption of a large currency area in Asia; however, empirical literature on East Asian regional currency is yet inconclusive. Advocates of the optimum currency area (OCA) theory identifies trade enhancement as a major benefit of regional currency adoption. East Asia, however, enjoys high trade enhancement for decades through their ongoing regional integration process in spite of long-practiced controversial individual currency arrangements. As such, a well-managed regional trade policy seems more appropriate for East Asian trade and economic growth. Existing literature consistently ignores the importance of East Asian regional ‘trade policy’ integration and limit the focus to regional ‘trade’ integration motivated by the OCA literature. 2019 Conference Paper http://hdl.handle.net/20.500.11937/76687 10.17501/25368338.2019.3101 English https://economicconference.co/publications-2019/ The International Institute of Knowledge Management (TIIKM) restricted |
| spellingShingle | 1402 - Applied Economics Salim, Ruhul Kabir, S. Regional Currency or Regional Trade Policy? An East Asian Perspective of 21st Century Growth |
| title | Regional Currency or Regional Trade Policy? An East Asian Perspective of 21st Century Growth |
| title_full | Regional Currency or Regional Trade Policy? An East Asian Perspective of 21st Century Growth |
| title_fullStr | Regional Currency or Regional Trade Policy? An East Asian Perspective of 21st Century Growth |
| title_full_unstemmed | Regional Currency or Regional Trade Policy? An East Asian Perspective of 21st Century Growth |
| title_short | Regional Currency or Regional Trade Policy? An East Asian Perspective of 21st Century Growth |
| title_sort | regional currency or regional trade policy? an east asian perspective of 21st century growth |
| topic | 1402 - Applied Economics |
| url | https://economicconference.co/publications-2019/ http://hdl.handle.net/20.500.11937/76687 |