Financial integration and its implication for economic union in Asia
This paper focuses on the savings-investment criterion as a way of measuring international capital mobility. The study uses data from 11 countries having different stages of financial and economic development. The results suggest that savings and investment are cointegrated. The saving retention coe...
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| Format: | Book Chapter |
| Language: | English |
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Ashgate Publishing Limited
2005
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| Online Access: | http://irep.iium.edu.my/28316/1/chapter_10_financial_intergration_and_its_implication.pdf http://irep.iium.edu.my/28316/ |
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my.iium.irep.283162017-08-09T02:42:05Z http://irep.iium.edu.my/28316/ Financial integration and its implication for economic union in Asia Kumari , Sarinder Habibullah, Muzafar Shah Azali, M. Yusoff, Mohammed Yoke-Kee, Eng HG201 Money This paper focuses on the savings-investment criterion as a way of measuring international capital mobility. The study uses data from 11 countries having different stages of financial and economic development. The results suggest that savings and investment are cointegrated. The saving retention coefficient is low suggesting that Asian countries have already satisfied one of the criteria of the optimum currency area. Ashgate Publishing Limited 2005 Book Chapter REM application/pdf en http://irep.iium.edu.my/28316/1/chapter_10_financial_intergration_and_its_implication.pdf Kumari , Sarinder and Habibullah, Muzafar Shah and Azali, M. and Yusoff, Mohammed and Yoke-Kee, Eng (2005) Financial integration and its implication for economic union in Asia. In: Open economy macroeconomics in East Asia. Ashgate Publishing Limited, England, pp. 197-212. ISBN 9780754644002 |
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Universiti Islam Antarabangsa Malaysia |
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IIUM Library |
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Institutional Repository |
| continent |
Asia |
| country |
Malaysia |
| content_provider |
International Islamic University Malaysia |
| content_source |
IIUM Repository (IREP) |
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http://irep.iium.edu.my/ |
| language |
English |
| topic |
HG201 Money |
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HG201 Money Kumari , Sarinder Habibullah, Muzafar Shah Azali, M. Yusoff, Mohammed Yoke-Kee, Eng Financial integration and its implication for economic union in Asia |
| description |
This paper focuses on the savings-investment criterion as a way of measuring international capital mobility. The study uses data from 11 countries having different stages of financial and economic development. The results suggest that savings and investment are cointegrated. The saving retention coefficient is low suggesting that Asian countries have already satisfied one of the criteria of the optimum currency area. |
| format |
Book Chapter |
| author |
Kumari , Sarinder Habibullah, Muzafar Shah Azali, M. Yusoff, Mohammed Yoke-Kee, Eng |
| author_facet |
Kumari , Sarinder Habibullah, Muzafar Shah Azali, M. Yusoff, Mohammed Yoke-Kee, Eng |
| author_sort |
Kumari , Sarinder |
| title |
Financial integration and its implication for economic union in Asia |
| title_short |
Financial integration and its implication for economic union in Asia |
| title_full |
Financial integration and its implication for economic union in Asia |
| title_fullStr |
Financial integration and its implication for economic union in Asia |
| title_full_unstemmed |
Financial integration and its implication for economic union in Asia |
| title_sort |
financial integration and its implication for economic union in asia |
| publisher |
Ashgate Publishing Limited |
| publishDate |
2005 |
| url |
http://irep.iium.edu.my/28316/1/chapter_10_financial_intergration_and_its_implication.pdf http://irep.iium.edu.my/28316/ |
| _version_ |
1643609484739739648 |