Overview : Pacific Rim economies and the evolution of the international monetary architecture

In the aftermath of the Global Financial Crisis, the growing presence of the Pacific Rim economies coupled with the related evolution of the international monetary architecture has raised a wide range of economic issues, including the adjustment of monetary regimes, the effectiveness of monetary, fiscal, reserves, and exchange rate polices, economic linkages, and the continued debate on international competitiveness comparison.

To gain a better understand of some of these issues, a conference under the auspices of the Journal of International Money and Finance was held on December 19-20, 2013, at the City University of Hong Kong by the local organizers the Department of Economics and Finance, and Research Center for International Economics, City University of Hong Kong.  This volume provides the refereed proceedings of the keynote address and seven selected papers presented in the conference, which dealt with economic issues related to the Pacific Rim economies and the evolving international monetary arrangement. The main insights of these papers are outlined as below.