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Monetary convergence in East Asian countries relative to China

✍ Scribed by Su, Chi-Wei; Chang, Hsu-Ling; Chang, Tsangyao; Yin, Kedong

Book ID
124126500
Publisher
Elsevier Science
Year
2014
Tongue
English
Weight
512 KB
Volume
33
Category
Article
ISSN
1059-0560

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## Abstract Most proposals for East‐Asian monetary cooperation assign a special role to the Japanese yen as anchor currency. We focus on the potential role of the Chinese renminbi. Since China will assume the role of the dominant economy in the region and become a more important destination for Asi