Regional Monetary Cooperation In East Asia And It's Cooperative Mechanism

After the development of the gold standard, the Bretton Woods System and the Jamaica system, under the background of global finance integrated, it appears regional exchange rate coordinate arrangement and monetary regionalization. Successes of Euros start, and Middle-North America regional monetary cooperation, and the " dollarisation" of Latin American countries, there are the obvious trends. In the 21stcentury, world may form two main monetary areas-Euros currencyAreas and U.S. dollar currency Areas. As an important polar of international economy, it is necessary for Asia various countries (or area) to strengthen financial coordination and cooperate in of this area. Asian regional monetary faces the challenge that integrates newly one emphatically. And the focus of attracting people's attention is the regional monetary cooperative problem of East Asia. This paper was fermented under such a background.At first, the paper that theories about regional monetary cooperative go on conscientiously to comb. It point out weak point that the theories exist, and summarize regional monetary cooperative experience and lessons of practice at the same time, it draw the enlightenment with monetary cooperation in East Asia. Secondly, it has analyzed the certainty and feasibility with monetary cooperation in East Asia. Through the essential statements of background, certainty and meaning of monetary cooperation in East Asia, It summed up and analyzed the feasibility with monetary cooperation in East Asia. It is then to the route choice with monetary cooperation in East Asia. Draw lessons from the theory's innovation and experience, from it have and plan sub-region economic cooperation at present, the multiple route of monetary unions accords with the real monetary cooperative route in East Asia even more. Then it analyzes the cost-income with monetary cooperation in east Asia. Adopt which commonly used country origin law to go on and analyze,according with East Asia national conditions, it use the analytic approach of group of nation. Finally, The conclusion of following from front analysis structures the concrete monetary cooperative mechanism of East Asia. And then it point out the operational hinder of he concrete monetary cooperative mechanism.