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L’intégration monétaire asiatique : dollarisation, monnaie commune ou simple coopération monétaire ?

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  • Bruno Jetin

Abstract

This article presents a survey of the monetary integration debate in East Asia with a special emphasis on the arguments developed by Asian economists themselves. It focuses mainly on the existence of an optimal monetary zone between various sets of East Asian countries. In a first part, we discuss critically this theory and show that there is no consensus on the optimal zone. In a second part we present the debate on the possible common currencies if a monetary integration was decided or even a monetary union created. The possible candidates are the US dollar, the Japanese Yen, the Chinese Yuan, a basket currency, a parallel currency, an Asian Currency Unit among others. In conclusion, we recall that the decision is above all political.

Suggested Citation

  • Bruno Jetin, 2009. "L’intégration monétaire asiatique : dollarisation, monnaie commune ou simple coopération monétaire ?," Revue Tiers-Monde, Armand Colin, vol. 0(3), pages 591-610.
    • Handle: RePEc:cai:rtmarc:rtm_199_0591
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    Cited by:

    1. Alary, Pierre & Lafaye de Micheaux, Elsa, 2013. "L’économie politique de l’Asie : état des lieux et perspectives de recherche pour l’Asie du Sud-Est," Revue de la Régulation - Capitalisme, institutions, pouvoirs, Association Recherche et Régulation, vol. 13.
    2. Pierre Alary & Elsa Lafaye de Micheaux, 2013. "L’économie politique de l’Asie : état des lieux et perspectives de recherche pour l’Asie du Sud-Est," Post-Print hal-04085415, HAL.

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