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Economic Integration in East Asia: Trends, Prospects, and a Possible Roadmap

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  • Economic Integration in East Asia: Trends, Prospects, and a Possible Roadmap
  • Asian Development Bank (ADB)


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Title Economic Integration in East Asia: Trends, Prospects, and a Possible Roadmap
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Material Type Reports
Publisher

Asian Development Bank (ADB)

Date 2006
Series Title; No Regional Economic Integration Working Papers
Language English
File Type Link
Subject Economy < Financial Policy

Abstract

This paper reviews trends in East Asian regionalism in the areas of trade and investment, money and finance, and infrastructure. It presents various measures of trade and financial integration. An important finding of the paper is that increasing trade and financial integration in the region is now starting to lead to a synchronization of business cycles in a selected group of countries, further enhancing the case for monetary integration among these countries. The paper also outlines a roadmap for East Asian integration.