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Economic development

Evolving regional financial architecture in East Asia (pdf 770kb)

This paper explores the background and progress of recent financial cooperation initiatives in East Asia since the Asian financial crisis.

It examines the new economic development opportunities provided by these changes, and the possible evolution of a new regional financial architecture.

Issues discussed in the paper include:
- Overview of key issues
- Factors behind regional financial cooperation in East Asia
- Recent progress on regional financial cooperation in East Asia
- Policy challenges for financial cooperation in East Asia

 

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