Thesiss

This dissertation assesses two important aspects of capital markets in East Asia: (a) financial integration and its volatility and (b) feasibility of forming an optimum currency area. The first aspect focuses on the impact of the financial regime on real activity. It examines th…

Many regions of the world would like to replicate the financial and monetary integration of the European Monetary Union (EMU). Member countries of the Association of Southeast Asian Nations (ASEAN) have shown an interest in such an arrangement. ASEAN is a political, cultural, an…