Reserve Policies of East Asian Central Banks: Causes, Consequences and Prospects

Subject Outlook for ASEAN's institutional development. Significance Philippine President Rodrigo Duterte has formally accepted ASEAN's chairmanship for 2017. ASEAN has met some success in 2015-16, including launching the ASEAN Economic Community (AEC). However, most recently, it has been challenged by the fallout from the July 12 UN Convention on the Law of the Sea (UNLCOS) ruling against China over the South China Sea, which has exposed internal and organisational weaknesses. Impacts Member states' bureaucracies and central banks will define the ASEAN integration dynamic. Individual South-east Asian states rather than ASEAN will drive trade and security initiatives. Progress on closing intra-ASEAN economic development and governance gaps will be slow.

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Limits of Monetary Policy Autonomy of East Asian Central Banks

Applied Economics Quarterly ◽

10.3790/aeq.62.3.187 ◽

2016 ◽

Vol 62 (3) ◽

pp. 187-204

Author(s):

Axel Löffler, ◽

Gunther Schnabl, ◽

Franziska Schobert

Keyword(s):

Monetary Policy ◽

East Asian ◽

Central Banks

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Limits of Monetary Policy Autonomy by East Asian Debtor Central Banks

SSRN Electronic Journal ◽

10.2139/ssrn.2012274 ◽

2012 ◽

Author(s):

Axel Loeffler ◽

Gunther Schnabl ◽

Franziska Schobert

Keyword(s):

Monetary Policy ◽

East Asian ◽

Central Banks

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South-east Asia local currency cooperation will grow

Emerald Expert Briefings ◽

10.1108/oxan-db217703 ◽

2017 ◽

Keyword(s):

Bilateral Trade ◽

East Asian ◽

Central Banks ◽

Financial Risks ◽

South East Asia ◽

Asian Countries ◽

Content Type ◽

Local Currency ◽

External Stresses ◽

Trade And Investment

Subject Cooperation between South-east Asian countries on currencies. Significance Central banks in Indonesia, Malaysia and Thailand have agreed to promote the use of their currencies in bilateral trade and investment transactions, as part of efforts to shield the region from heightened global financial risks. Separately, ASEAN members will extend currency swap arrangements with economic partners China, Japan and South Korea. Impacts Collaborative market interventions will not prevent further loss of value for the major ASEAN currencies in 2017. All ASEAN economies can withstand external stresses until markets stabilise, probably after Trump's policy plans are clarified. Reforms of regional liquidity facilities and swap arrangements will give vulnerable countries speedier emergency funding access.

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Limits of Monetary Policy Autonomy and Exchange Rate Flexibility by East Asian Central Banks

SSRN Electronic Journal ◽

10.2139/ssrn.2315679 ◽

2013 ◽

Cited By ~ 5

Author(s):

Axel Löffler ◽

Gunther Schnabl ◽

Franziska Schobert

Keyword(s):

Monetary Policy ◽

Exchange Rate ◽

East Asian ◽

Central Banks ◽

Exchange Rate Flexibility

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Maxims of Foreign Policy

Itinerario ◽

10.1017/s0165115300044508 ◽

2000 ◽

Vol 24 (2) ◽

pp. 62-79

Author(s):

W.J. Boot

Keyword(s):

Foreign Policy ◽

Sixteenth Century ◽

Foreign Relations ◽

East Asian ◽

Modern Period ◽

Cultural Sphere ◽

Japanese Identity

In the pre-modern period, Japanese identity was articulated in contrast with China. It was, however, articulated in reference to criteria that were commonly accepted in the whole East-Asian cultural sphere; criteria, therefore, that were Chinese in origin.One of the fields in which Japan's conception of a Japanese identity was enacted was that of foreign relations, i.e. of Japan's relations with China, the various kingdoms in Korea, and from the second half of the sixteenth century onwards, with the Portuguese, Spaniards, Dutchmen, and the Kingdom of the Ryūkū.

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