This book deals with the economic consequences of monetary integration, which has long been dominated by the Optimal Currency Area (OCA) paradigm. In this model, money is perceived as having developed from a private sector cost minimization process to facilitate transactions. Not surprisingly,...

Economic Crisis Management discusses contemporary and economic policy and its application to major crisis economies in Asia. The book contains a collection of studies by international experts in economics and finance with special focus on major aspects of the economic management of the Asia crisis