The Research For East Asia Financial Cooperation

The 1997 Southeastern Asia Financial Crisis had immense impact on southeastern Asian countries, and gave these countries painful lessons. Against the macro background of economic globalization and regional economic integration, strengthening the economic cooperation among eastern Asian countries and developing Eastern Asia Monetary Cooperation is a general trend. Domestic and foreign researchers have done a great deal of in-depth studies on Eastern Asia financial Cooperation and drawn a lot of constructive conclusions, but these studies still exist some defects. To make up these defects, this dissertation will give Eastern Asia financial Cooperation both a theoretical and an empirical analysis.This paper examines the preconditions, possibilities and implications of the East Asian financial cooperation. In order to fully understand this future trend,I decided to make further investigations and conduct detailed research in this field to answer two important questions: 1. Why it is necessary for East Asian nations to begin Financial cooperation at this point of time?2 .How can East Asian nations achieve a monetary union? The main focus of this paper is placed on East Asian 13 countries, i. e., ASEAN 10 plus China, Japan, and Republic of Korea.My analysis in this paper is primarily based on economic...