Economic and monetary integration in East Asia
Economic integration (or union) refers to economic linkages or interdependence between countries. The flow of trade, capital, labor and technology across countries are evidence of economic linkages. The reduction or elimination of trade barriers among nations will eventually bring together the co...
| Main Authors: | , |
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| Format: | Proceeding Paper |
| Language: | English |
| Published: |
USIM Press, Universiti Sains Islam Malaysia
2019
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/49765/ http://irep.iium.edu.my/49765/1/49765_Economic%20and%20monetary%20integration.pdf |
| _version_ | 1848783514512654336 |
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| author | Ahmad, Nursilah Duasa, Jarita |
| author_facet | Ahmad, Nursilah Duasa, Jarita |
| author_sort | Ahmad, Nursilah |
| building | IIUM Repository |
| collection | Online Access |
| description | Economic integration (or union) refers to economic linkages or interdependence between
countries. The flow of trade, capital, labor and technology across countries are evidence of
economic linkages. The reduction or elimination of trade barriers among nations will eventually
bring together the commodity market, financial market and labor market of the economies
involved. However, the dissimilarity of the level of economic development and monetary system
is commonly said to be the main obstacle to the adoption of policies to support economic and
monetary integration. On the other hand, the similarity of past macroeconomic policies, stage of
economic development and financial systems would increase the suitability of countries to be
integrated. This paper examines the latest trend in the economic and monetary integration in
selected East Asia countries and look for possible convergence pattern. There are evidence
supporting positive impact of forming an economic and monetary integration in these
economies. |
| first_indexed | 2025-11-14T16:22:34Z |
| format | Proceeding Paper |
| id | iium-49765 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T16:22:34Z |
| publishDate | 2019 |
| publisher | USIM Press, Universiti Sains Islam Malaysia |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | iium-497652019-12-16T08:15:03Z http://irep.iium.edu.my/49765/ Economic and monetary integration in East Asia Ahmad, Nursilah Duasa, Jarita HB71 Economics as a science HC94 By region or country Economic integration (or union) refers to economic linkages or interdependence between countries. The flow of trade, capital, labor and technology across countries are evidence of economic linkages. The reduction or elimination of trade barriers among nations will eventually bring together the commodity market, financial market and labor market of the economies involved. However, the dissimilarity of the level of economic development and monetary system is commonly said to be the main obstacle to the adoption of policies to support economic and monetary integration. On the other hand, the similarity of past macroeconomic policies, stage of economic development and financial systems would increase the suitability of countries to be integrated. This paper examines the latest trend in the economic and monetary integration in selected East Asia countries and look for possible convergence pattern. There are evidence supporting positive impact of forming an economic and monetary integration in these economies. USIM Press, Universiti Sains Islam Malaysia 2019 Proceeding Paper PeerReviewed application/pdf en http://irep.iium.edu.my/49765/1/49765_Economic%20and%20monetary%20integration.pdf Ahmad, Nursilah and Duasa, Jarita (2019) Economic and monetary integration in East Asia. In: International Seminar on Islam and Science (SAIS) 2019, 31st October 2019, Nilai,. Negeri Sembilan. |
| spellingShingle | HB71 Economics as a science HC94 By region or country Ahmad, Nursilah Duasa, Jarita Economic and monetary integration in East Asia |
| title | Economic and monetary integration in East Asia |
| title_full | Economic and monetary integration in East Asia |
| title_fullStr | Economic and monetary integration in East Asia |
| title_full_unstemmed | Economic and monetary integration in East Asia |
| title_short | Economic and monetary integration in East Asia |
| title_sort | economic and monetary integration in east asia |
| topic | HB71 Economics as a science HC94 By region or country |
| url | http://irep.iium.edu.my/49765/ http://irep.iium.edu.my/49765/1/49765_Economic%20and%20monetary%20integration.pdf |