首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
考研
In applying the Optimum Currency Area (OCA) framework, the consensus that East Asia presents as good a candidate for monetary in
In applying the Optimum Currency Area (OCA) framework, the consensus that East Asia presents as good a candidate for monetary in
admin
2009-04-27
27
问题
In applying the Optimum Currency Area (OCA) framework, the consensus that East Asia presents as good a candidate for monetary integration as Europe is generally arrived at. However, it can be observed that OCA framework had only an insignificant part to play in the decision to pass the Europe Monetary Union (EMU), it tends to be overshadowed by political sentiments. Thus, the central question on the possibility of an Asian Monetary Union lies not in its satisfaction of the OCA criteria, but whether the political resolve to achieve such a union is existent.
Unfortunately, it appears that the political climate of East Asia is not favorable towards such a union at present, and is unlikely to undergo much positive alteration in the near future. Thus the manifestation of an Asian Monetary Union is unlikely in the foreseeable future, as the political resolve to bring this about is evidently lacking.
However, to dismiss outright the possibility of creation of an East Asian monetary union would be presumptuous. Even though the political climate in East Asia does not appear to be ready for such an undertaking as yet, it cannot be denied that integrative and cooperative initiatives have indeed made much positive progress. Although the state of pan-Asian institutions is nowhere comparable with needed to engineer the EMU, however East Asia is taking definite steps towards regional cooperation.
Thus, it would be hasty to simply write off the prospects of such a union. The road to East Asia may be long and fraught with obstacles, but it is not impossible. Only with visionary leadership, which looks beyond regional political sensitivities and rivalries, to recognize the economic imperative and promise of such a monetary union, can it have hopes of materialization. East Asian leaders, unwilling to undertake monetary unification due to fears of the loss of political sovereignty which it would entail should be more farsighted and recognize that in the present age, sovereignty is no longer absolute as globalization accelerates and increasingly blurs the lines of national boundaries. Sovereignty is not completely lost as nations will still be able to influence decision-making through the union, but as one voice amongst all other members. Furthermore, misgivings about the prospects of Asian monetary unification based on the grounds that East Asian nations are at very different stages of economic development with diverse structure of economy should look towards the monetary union between Singapore and Brunei, which has endured despite its members’ vast dissimilarity. Thus, current economic disparities should not prove insurmountable to an East Asian monetary union, provided regulatory and fiscal reforms critical to sound and sustainable economic growth are developed alongside monetary unification.
In the previous section, a proposal which suggests gradual steps towards Asian monetary unification is mapped out, by first achieving smaller monetary unions instead of an Asian-wide monetary union. In this way, the vast economic disparity across Asia is breached gradually, as opposed to tackling it in its entirety, with the ultimate aim of an East Asian wide monetary union.
选项
A、The obstacles of an East Asian Monetary Union (EAMU).
B、The impossibility of an EAMU in the short run.
C、The prospect of an EAMU.
D、The comparison between EAMU and EMU.
答案
C
解析
通观全文,作者一方面提到了建立东亚货币联盟在政治决心、国家主权等方面存在的障碍,同时也谈了经济的决定性作用,新加坡和文莱走出的一条成功之路,以及这一联盟的前景。其余选项都很片面,只有答案选项最符合题意。
转载请注明原文地址:https://kaotiyun.com/show/cDa4777K
0
考研英语一
相关试题推荐
InthefirstyearorsoofWebbusiness,mostoftheactionhasrevolvedaroundeffortstotaptheconsumermarket.Morerecentl
ArecentcaseinAustraliashowshoweasilyfearcanfrustrateaninformant’sgoodintentions.InDecember,awomanwroteanonym
ArecentcaseinAustraliashowshoweasilyfearcanfrustrateaninformant’sgoodintentions.InDecember,awomanwroteanonym
Writeanessaybasedonthefollowingchart,inyourwriting,youshould1)interpretthechart,and2)giveyourcomments
Socialscientistshavebeentryingtoidentifytheconditionsmostlikelytopromotesatisfyinghumanlives.Theirfindingsgive
Socialscientistshavebeentryingtoidentifytheconditionsmostlikelytopromotesatisfyinghumanlives.Theirfindingsgive
Manypeopletaketosocialmediatosharenewsofbigevents.OnDecember1stFacebook’sboss,MarkZuckerberg,followedinthe
SupposeyouareapplyingforagraduatepositioninHarvardUniversityandyouarerequiredtosubmitarecommendationletter,w
随机试题
与猪瘟病毒具有部分交叉免疫原性的是
关于恶露的特点,正确的是
对于下列哪个案件,人民法院应当不公开审理?
风景名胜区管理机构可以将部分规划、管理和监督等行政管理职能委托给企业或个人行使。()
Moreandmorepeoplehavelosttheirjobsandbecome_____.
某车间三个班组共同承担一批加工任务,每个班组要加工100套产品。因为加工速度有差异,一班组完成任务时二班组还差5套产品没完成,三班组还差10套产品没完成。假设三个班组加工速度都不变,那么二班组完成任务时,三班组还剩()套产品未完成。
TheaimofthestudyistofindnewwaystoItisexpectedthatthroughthestudythenation’shealth,carecosts
The______oftradewithforeigncountriesaregraduallychangingasChina’sindustrydevelops.
Apioneeringheadteacheriscallingforallsecondaryschoolstofollowhisleadandstartclassesat11am,allowingteenagers
A、Totakemedicine.B、Tosleepmore.C、Toworkless.D、Togotraveling.A本题符合短文听力“听到什么就选什么”的原则。原文说病人控制焦虑症的最好方法是服用药物。因此A正确。语义突出之处
最新回复
(
0
)