Ulrich Volz

The Asian financial crisis of 1997/98 sparked great political interest in monetary and financial integration and cooperation in the region. Mr. Volz will examine the desirability and feasibility of regional monetary and financial cooperation agreements in East Asia. Drawing on the classical and more recent theoretical approaches to monetary integration, as well as the European experiences, Mr. Volz will investigate the economic conditions for monetary and financial integration in the region and assesses the benefits and problems associated with it.