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http://hdl.handle.net/10419/19375
  

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dc.contributor.authorHefeker, Carstenen_US
dc.contributor.authorNabor, Andreasen_US
dc.date.accessioned2009-01-28T15:57:38Z-
dc.date.available2009-01-28T15:57:38Z-
dc.date.issued2002en_US
dc.identifier.urihttp://hdl.handle.net/10419/19375-
dc.description.abstractMost proposals for Asian monetary cooperation assign a special role to the Japanese yen as an anchor currency. We focus instead on the potential role of the Chinese renminbi. It becomes increasingly clear that China will assume the role of the dominant economy in the region, and that it will become a more important destination for Asian products than Japan in as little as five years. This development should assign a special role to the Chinese currency and its exchange rate to the other Asian currencies. It is rather unlikely that the renminbi will assume a dominant role immediately but by drawing comparisons with the European monetary integration process, it seems possible to design a system in which most of the present currencies have a role, but where the relative weights shift over time. The evolution of the ERM is a model for the process of Asian monetary integration.en_US
dc.language.isoengen_US
dc.relation.ispartofseriesHWWA Discussion Paper 206en_US
dc.subject.jelF4en_US
dc.subject.jelF3en_US
dc.subject.ddc330en_US
dc.subject.keywordChinaen_US
dc.subject.keywordAsiaen_US
dc.subject.keywordMonetary Integrationen_US
dc.subject.keywordExchange Rate Regimesen_US
dc.subject.stwInternationale Währungspolitiken_US
dc.subject.stwWährungsunionen_US
dc.subject.stwInternationale Wirtschaftsbeziehungenen_US
dc.subject.stwReservewährungen_US
dc.subject.stwYenen_US
dc.subject.stwAsienen_US
dc.subject.stwChinaen_US
dc.subject.stwRenminbien_US
dc.titleYen or Yuan? China's role in the future of Asian monetary integrationen_US
dc.typeWorking Paperen_US
dc.identifier.ppn356297330en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:hwwadp:26125-
Appears in Collections:HWWA Discussion Paper, Hamburgisches Welt-Wirtschafts-Archiv

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