Autor:	Goohoon Kwon
Rok vydání:	2000
Předmět:	Cost reduction Early introduction Unification Currency Process (engineering) Economic reform Economics International economics Common currency Monetary integration
Zdroj:	MOCT-MOST: Economic Policy in Transitional Economies. 10:111-136
ISSN:	1120-7388
Popis:	This paper discusses the timing of monetary integration and supporting economic policies during a rapid and largely uncontrolled process of Korean unification. The paper concludes that the transitory use of a separate currency in each region and supporting economic policies would help limit the initial costs of unification although the extent of the eventual cost reduction would depend critically on the success of ensuing economic reforms in the North during the transition. Maintaining the competitiveness of the northern economy would need to be a primary policy objective in the case of an early introduction of a common currency.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::75cd357b096889ea24c4ee186db94022 https://doi.org/10.1023/a:1009549022165 Zobrazit plný text záznamu Full text from SpringerLink