Suchergebnisse

"This book conducts a comprehensive examination of the current practice of monetary policy-making in Korea. More precisely, it aims at combining the real practice implemented by the Bank of Korea with the new theoretical principles of monetary policy. Monetary policy-making in Korea has evolved, to a great extent, in tandem with the development of the market economy. The Bank of Korea should, therefore, be a guardian of the market economy against any arbitrary intervention or interference on the part of the government. Based upon this perspective, the book tries to provide a valuable in-depth analysis and the most up-to-date information on the Bank of Korea's monetary and financial policies. Furthermore, this book addresses Korean monetary policy and central banking from a comparative perspective"--

"The aim of this book is to examine and compare the integration process in both Europe and Asia, and to draw some possible lessons for East Asia from the European experience, which culminated with the establishment of the economic and monetary union. The book embraces the political dimension of integration (peace and security), economic, trade and monetary aspects, and cultural aspects. Written by well-known experts in the field of integration, this book represents one of the first attempts at comparing Europe and Asia in the process of integration, by incorporating the latest developments in the field. The main theme of the book - integration in Asia from a comparative perspective - has been relatively unexplored as most experts in the field of integration are also 'area experts' (i.e. European integration experts or Asian experts). The contributors to the book provide a distinctive perspective based upon their understanding of integration (political, economic, and socio-cultural) across various regions of the world."--Provided by publisher.

Since the financial crisis began numerous ideas for monetary and financial cooperation in East Asia have been proposed both within and outside the region. Despite this strong level of interest, however, there are few studies that aim to comprehensively address the issue from multiple perspectives. This insightful book redresses the balance and illustrates how East Asian countries plan to take advantage of their rising economic power in rearranging the new international monetary and financial order in the post-crisis era. The authors examine the history, conditions and current efforts towards monetary integration in Asia and explore possible future paths, highlighting the roles and perspectives of East Asian countries in the integration process. They consider how East Asian economies could establish their own zone of monetary stability, and show that this stability cannot be separately addressed from the issues of economic growth and solidarity. Against this backdrop, the book tackles the issues of East Asian monetary integration underpinned by the broad framework of economic growth and solidarity.

"This book offers an assessment of the different monetary and fiscal policy responses that have been implemented by national governments in major European and Asian countries faced with the Covid-19 crisis since 2020; it also deals with the case of the US experience as a benchmarking example. The book provides a comprehensive cross-country comparative study on health crisis management at the macroeconomic level. Its focus on monetary and fiscal policies across different countries in Asia, Europe and the USA makes it unique. Divided into three parts following a general introduction that sets the context of the study, the book deals with the case of the USA, EU and European countries as well as with that of key Asian countries. Of specific relevance is the European Union and euro-area contexts that serve as a framework to the different EU national monetary and fiscal policy responses. Each chapter deals with a specific country, including Italy and the UK in Europe and Singapore and South Korea in Asia, and covers the following topics: the extent of the outbreak of the public health crisis and its macroeconomic impact; the comparative examination of fiscal and monetary policy responses to both crises; and an overall assessment of the effectiveness of these policies along with the public health policy to mitigate the economic impact. Given the unprecedented nature of the Covid-19 crisis, anyone eager to know more about its macroeconomic impact and ensuing policies in a comparative framework will be keen to read this book. It will be essential reading to any researcher, policy maker and/or analyst working in the area of public policy and is also a unique contribution to the field of European studies, Asian studies and Comparative Economic Studies."