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。
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。
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。
This mechanism is contrary to the applied economic condition according to the hypothesis of optimal monetary area. So, a new option has to be made for RMB exchange rate mechanism.
用最优货币区理论假说来衡量，这一制度与它所要求的经济条件之间存在很大反差，所以，人民币汇率制度存在重新选择的必然性。
How gradually establishes an East Asian monetary area, and enables it to achieve the optimization, is more complex task needing unceasingly trying to find out and proceeding step by step.
如何逐步建立一个东亚货币区，并使这个货币区达到最优化，这是一个更复杂的需要不断摸索、循序渐进的课题。
Their interest policy has been timid: over the past three years, as monetary policy has been tightened in America and the euro area, average rates in the emerging world have barely budged.
这些新兴经济的利息政策一直谨小慎微：在过去三年里，美国及欧洲都进行了货币紧缩，但是那些新兴经济的平均利息几乎没动。
Mr Trichet takes pride in the ECB's effective monetary control over the rapidly growing euro area, which has expanded from 11 members to 17 since its creation in 1999.
特里谢为欧洲央行自1999年建立以来，在欧元区短时间从11个成员国扩大到17个时，有效地进行了货币控制而自豪。
Some fear that such a rapid expansion of the monetary base will stoke inflation, which is still above 5% in America and Britain and 3.6% in the euro area.
一些人担心，货币基数如此快速增长将引发通胀，目前美国和英国通胀率仍保持在5%以上，而欧元区也达到3.6%。
As the OECD puts it in its most recent report on the region, "insufficient flexibility prevents the euro area reaping the full benefits of economic and monetary union."
同样OECD在最近的关于该地区的一份报告中提到：“缺乏灵活性使得欧元区无法从经济和货币同盟中充分获利。”
In East Asia, after the finance crisis in East Asia some countries think the monetary policy coordination is more and more important, and in this area, some points have conformed to the regulations.
对东亚地区而言，在东南亚金融危机爆发以后，加强国家之间的货币金融合作的呼声越来越高，并且东亚地区许多方面已经满足了最优货币区的标准。
Strengthening the Exchange Rate Regime Coordination and establishing East AsiaFixed Exchange Rate Area is an essential stage in the process of East Asia Monetary Integration.
加强东亚汇率制度协调，建立东亚固定汇率区，是实现东亚单一货币区的重要核心阶段。
Accompanied with the formation of Euro Area and the appearance of U. S. Dollarization, the East-Asian countries urgently call for the monetary integration in Asia.
指出随着欧元区的形成、美元化的出现，东亚国家迫切要求建立亚洲货币一体化。
Asian Financial Crisis brought monetary cooperation in the East Asian area to the agenda.
亚洲金融危机使得东亚地区的货币合作提上日程。
This paper first introduces general theories of economic integration and optimal currency area and reviews the history of European Union and European economic and Monetary Union.
本文首先介绍经济一体化的一般理论和最优货币区理论，并简要回顾欧盟以及欧洲经济货币联盟成立的过程。
The Theory of Optimum Currency Area: Can Explain the Monetary Cooperation in East Asia?
最优货币区理论：能否解释东亚货币合作?。
Monetary currency substitution refers to foreign monetary currency replacing domestic currency in one or several area.
货币替代是指外国货币在本国境内替代本国货币来行使货币的某一种或某几种职能的现象。
After analyzing historical progress of European monetary unification, we find out that most member states in Euro area prefer to choose fixed exchange rate regimes.
通过对欧洲货币一体化的历史进程进行分析，发现多数欧元成员国偏向选择固定汇率制度。
Given the continued strength of monetary growth, liquidity conditions remain ample in the euro area.
鉴于货币增长持续强劲有力，欧元区的流动性条件仍然十分充裕。
Given the continued strength of monetary growth, liquidity conditions remain ample in the euro area.
鉴于货币增长持续强劲有力，欧元区的流动性条件仍然十分充裕。
应用推荐