Throwing Out the Baby with the Bathwater? Implications of the Euro Crisis for Asian Monetary Integration

• 영문명: Throwing Out the Baby with the Bathwater? Implications of the Euro Crisis for Asian Monetary Integration
• 발행기관: 세종대학교 경제통합연구소
• 저자명: Barry Eichengreen
• 간행물 정보: 『Journal of Economic Integration』제27권 제2호, 291~311쪽, 전체 21쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2012.06.30

영문 초록

Proponents of Asian monetary integration have always looked to Europe for inspiration. This paper reconsiders the cas in light of the eurozone crisis. I ask what aspects of the earlier consensus remain intact in the wake of the crisis and what aspects must now be rethought. Is there a danger of throwing out the baby with the bathwater - a danger, in other words, that Europe`s negative experience since 2009 will cause Asia to turn away too quickly and completely from monetary integration? Or is it in fact appropriate to throw out the baby - to conclude in light of Europe`s example that Asian monetary integration is not an appropriate and desirable goal?

목차

Ⅰ. Introduction

Ⅱ. What We Knew

Ⅲ. What We Didn’t Know

Ⅳ. Implications for Asia

키워드

Euro Crisis Asian Monetary Integration