Munich Personal RePEc Archive

Progress and prospects of regional financial arrangements and cooperation in East Asia: a critical survey

Jeon, Bang Nam (2012): Progress and prospects of regional financial arrangements and cooperation in East Asia: a critical survey.

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Abstract

The main purpose of this paper is to provide a brief survey for the progress and prospects of regional financial arrangements/cooperation among the East Asian nations and present the summary of various conflicting points of discussion about the strategies on the establishment of an effective regional financial arrangement in the region. This critical survey derives a list of viable and practical strategies for establishing an effective RFA/RFC scheme in the East Asian region in order to prevent the reoccurrence of a financial/economic crisis and large-scale contagion in the region in the future.

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