A Roadmap for East Asian Monetary Integration: The Necessary First Step

Author: 
Kyung Tae Lee
Deok Ryong Yoon
Description: 
KIEP Working Paper 07-04
JEL codes: 
Organisation: 
Abstract: 
The paper deals with the questions of why Asian monetary and financial cooperation has not proceeded rapidly even though the countries have discussed this issue for so long and how to overcome this problem. The authors identify the lack of a common vision and a roadmap for monetary integration as the most significant impediments.