Western and Asian economists identify barriers and dilemmas that East Asian countries face in pursuing monetary and financial integration, analyze the experience of the European monetary union
for lessons on what could and should be emulated in East Asia, and position the issue of East Asian integration in the context of the global financial system. Specific topics include
international political conflicts and economic integration, currency denomination in Asian bond markets, East Asia's role in the revived Bretton Woods system, three cases for monetary
integration, the role of an Asian currency unit, and the illusion of precision and the role of the renminbi in regional integration. Annotation 穢2009 Book News, Inc., Portland, OR
(booknews.com)
