Surveys the growing literature on monetary cooperation in East Asia (EA) that goes beyond the Chiang Mai Initiative. It compares and contrasts the various propo

This paper investigates empirically the feasibility of creating a currency union in East Asia following closer monetary cooperations in recent years. Relying on

East Asian countries were notably uninterested in regional monetary integration until the late 1990's, when the Asian financial crisis revealed the fragility of

Leading scholars from East Asia, Europe and the US contribute new insights to the key questions facing the organization and future of the monetary system in Eas