The practice of European Monetary Integration proved Theory of Optimum Monetary Area.

欧洲货币一体化的实践验证了最优货币区理论。

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Wherefore, the establishment of the East Asian monetary area can be considered a step-by-step implementation.

因此，东亚货币区的建立可以考虑分步实现。

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But economists often craved in the latter kind of situation, their more attention is at the cost and the income to join a monetary area, quite few to the front kind of situation.

但是经济学家们往往似乎更热衷于讨论后一种情况，关注更多的是加入最优货币区的成本与收益，对前面一种情况的讨论则相对较少。

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One of the problems is the one-size-fits-all nature of euro-area monetary policy.

ECONOMIST: Stalemate | The

Monetary policy is the area in which clueless conservatives are the most clueless.

FORBES: Paul Ryan Brilliantly Evokes Clueless Conservatism

Other than monetary policy, no area of economic discussion is more confused than the one about government spending and budget deficits.

FORBES: Everything the Hysterics Tell You About Budget Deficits Is Wrong