Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/126757 
Year of Publication: 
2008
Series/Report no.: 
PIDS Discussion Paper Series No. 2008-31
Publisher: 
Philippine Institute for Development Studies (PIDS), Makati City
Abstract: 
This paper distills some policy lessons from the financial services integration program in the European Union for East Asia. Focusing on the improved cross-border facilitation of financial flows rather than on general macroeconomic factors related to optimal currency area formation, the paper discusses some specific features of the EU's financial sector liberalization program and the results achieved so far. Considering the institutional difference between EU and East Asia, it discusses what possible features of the EU experience will be replicable in the region.
Subjects: 
regional economic integration
banking
East Asia
financial services liberalization
Document Type: 
Working Paper

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