Financial Services Integration in East Asia: Lessons from the European Union

Gloria Pasadilla

Finance Working Papers from East Asian Bureau of Economic Research

Abstract: This paper distills some policy lessons from the financial services integration programme in the European Union for East Asia. Focusing on the improved cross-border facilitation of financial flows rather than on general macroeconomic factors related to optimal currency area formation, the paper discusses some specific features of the EUs financial sector liberalization programme and the results achieved so far. Considering the institutional difference between EU and East Asia, it discusses what possible features of the EU experience will be replicable in the region.

Keywords: Regional Economic Integration; financial services liberalization; Banking; East Asia (search for similar items in EconPapers)
JEL-codes: F15 F36 G21 (search for similar items in EconPapers)
Date: 2008-01
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Citations: View citations in EconPapers (8)

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Working Paper: Financial services integration in East Asia: Lessons from the European Union (2008)
Working Paper: Financial Services Integration in East Asia: Lessons from the European Union (2008)
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