{"id":8753,"date":"2022-07-27T06:33:09","date_gmt":"2022-07-27T06:33:09","guid":{"rendered":"https:\/\/depocen.org\/publications\/east-asian-currency-area-a-fuzzy-clusteringanalysis-of-homogeneity\/"},"modified":"2022-07-27T06:33:09","modified_gmt":"2022-07-27T06:33:09","slug":"east-asian-currency-area-a-fuzzy-clusteringanalysis-of-homogeneity","status":"publish","type":"publications","link":"https:\/\/depocen.org\/en\/publications\/east-asian-currency-area-a-fuzzy-clusteringanalysis-of-homogeneity\/","title":{"rendered":"East Asian Currency Area: A Fuzzy Clustering\r\nAnalysis of Homogeneity"},"content":{"rendered":"<p>This paper attempts to examine the degree of homogeneity and the plausibility of a<br \/>\ncurrency union in East Asia from the perspective of multiple OCA criteria, using the<br \/>\ntechnique of fuzzy clustering analysis. The question of homogeneity is obviously of<br \/>\nimportance to the smooth formation and operation of the prospective currency union. We<br \/>\nfind that East Asia has not been sufficiently homogeneous and can be divided into about four<br \/>\ngroups with significant degree of fuzziness. We find no notable trend of convergence from<br \/>\nthe data. In fact, East Asian has appeared to be more diverged since the onset of the regional<br \/>\nfinancial crisis. Thus, we suspect the possibility of forming a currency union in East Asia in<br \/>\nthe near future.<\/p>\n","protected":false},"featured_media":0,"template":"","cate_publications":[],"author_publications":[1576,1577],"topic_publications":[],"class_list":["post-8753","publications","type-publications","status-publish","hentry","author_publications-toan-nguyen","author_publications-toan-nguyen-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/depocen.org\/en\/wp-json\/wp\/v2\/publications\/8753","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/depocen.org\/en\/wp-json\/wp\/v2\/publications"}],"about":[{"href":"https:\/\/depocen.org\/en\/wp-json\/wp\/v2\/types\/publications"}],"wp:attachment":[{"href":"https:\/\/depocen.org\/en\/wp-json\/wp\/v2\/media?parent=8753"}],"wp:term":[{"taxonomy":"cate_publications","embeddable":true,"href":"https:\/\/depocen.org\/en\/wp-json\/wp\/v2\/cate_publications?post=8753"},{"taxonomy":"author_publications","embeddable":true,"href":"https:\/\/depocen.org\/en\/wp-json\/wp\/v2\/author_publications?post=8753"},{"taxonomy":"topic_publications","embeddable":true,"href":"https:\/\/depocen.org\/en\/wp-json\/wp\/v2\/topic_publications?post=8753"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}