Financing Economic Integration and Functional Cooperation for Northeast Asia: A Multilateral Financial Institution

194 Pages Posted: 27 May 2016

See all articles by Lee-Jay Cho

Lee-Jay Cho

Northeast Asia Economic Forum

Chang-Jae Lee

Korea Institute for International Economic Policy

Date Written: June 10, 2014

Abstract

On July 1-2, 2013, the Seventh Meeting of the Ad Hoc Committee for Establishing Northeast Asia Bank for the Cooperation and Development (NEABCD) organized by Northeast Asia Economic Forum (NEAEF) was held at Northeast Asia Financial Cooperation Research Center (hereinafter refer to as the Research Center), at Nankai University, Tianjin, China. More than twenty leaders and experts from China, Korea, Japan, and the US attended this meeting. Prior to the meeting, Dr. Jiang Zhenghua, Former Vice Chairman of National People’'s Congress of China and Honorary Chairman of the Research Center, and Mr. Cui Jindu, Executive Vice Mayor of Tianjin Municipal Government and Honorary Chairman of the Research Center met Dr. Lee Jay-Cho, NEAEF and Research Center Chairman and all the foreign participants. The President of Nankai University, Dr. Gong Ke, attended this meeting as well. The meeting was organized by Dr. Lee Jay-Cho and Mr. Wang Shuzu, Former Deputy Chairman of Tianjin People’'s Congress and Deputy Chairman of the Research Center. Mr. Zhang Xiaoyan, Deputy Secretary of Tianjin Municipality and Director of the Research Center, Mr. Zou Ping, the Research Center Secretary General, Prof. Ma Junlu, Executive Deputy Director of the Research Center, and Dr. Liu Ming, Deputy Secretary of the Research Center all expressed their views on the theme of the meeting. All the participants together discussed the latest developments on the subject of the proposed Northeast Asia Bank, and exchanged their views on new trends, ideas, perspectives and proposals. They agreed on the major issues summarized below.

Note: The Seventh Meeting of the Ad Hoc Committee for Establishing the Northeast Asia Bank for Cooperation and Development Nankai University, Tianjin, China July 1-2, 2013

Keywords: Northeast Asia Economic Forum, Economic integration, Northeast Asia

Suggested Citation

Cho, Lee-Jay and Lee, Chang-Jae, Financing Economic Integration and Functional Cooperation for Northeast Asia: A Multilateral Financial Institution (June 10, 2014). KIEP Research Paper No.Conference Proceedings-14-01, Available at SSRN: https://ssrn.com/abstract=2784653 or http://dx.doi.org/10.2139/ssrn.2784653

Lee-Jay Cho (Contact Author)

Northeast Asia Economic Forum ( email )

1000 Bishop St # 904
Honolulu, HI 96813
United States

Chang-Jae Lee

Korea Institute for International Economic Policy ( email )

[30147] Building C, Sejong National Research Compl
Seoul, 370
Korea, Republic of (South Korea)

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