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dc.contributor.authorHefeker, Carstenen
dc.contributor.authorNabor, Andreasen
dc.date.accessioned2009-01-28T15:57:38Z-
dc.date.available2009-01-28T15:57:38Z-
dc.date.issued2002-
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
dc.language.isoengen
dc.publisher|aHamburg Institute of International Economics (HWWA) |cHamburgen
dc.relation.ispartofseries|aHWWA Discussion Paper |x206en
dc.subject.jelF4en
dc.subject.jelF3en
dc.subject.ddc330en
dc.subject.keywordChinaen
dc.subject.keywordAsiaen
dc.subject.keywordMonetary Integrationen
dc.subject.keywordExchange Rate Regimesen
dc.subject.stwInternationale Währungspolitiken
dc.subject.stwWährungsunionen
dc.subject.stwInternationale Wirtschaftsbeziehungenen
dc.subject.stwReservewährungen
dc.subject.stwYenen
dc.subject.stwAsienen
dc.subject.stwChinaen
dc.subject.stwRenminbien
dc.titleYen or Yuan? China's role in the future of Asian monetary integration-
dc.typeWorking Paperen
dc.identifier.ppn356981460en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:hwwadp:26125en

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