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Monetary policy is the process by which the central bank of a country controls the supply of money, the availability of money, and the cost of money or rate of interest, in order to attain a set of objectives oriented towards the growth and stability of the economy. Fiscal policy induced demand...
Persistent link: https://www.econbiz.de/10009365531
This paper revisits the issue of exchange rate regimes in emerging Asia. It is divided into two main parts. The first part compares de jure and de facto exchange rate regimes in Asia over the decade 1999–2009. It finds that while Asia is home to a wide array of exchange rate...
Persistent link: https://www.econbiz.de/10009651619
This paper revisits the issue of exchange rate regimes in emerging Asia. It is divided into two main parts. The first part compares de jure and de facto exchange rate regimes in Asia over the decade 1999–2009. It finds that while Asia is home to a wide array of exchange rate...
Persistent link: https://www.econbiz.de/10009651660
The information and communication technology (ICT) revolution of the past 3 decades has transformed the world into an integrated marketplace. Today, producers and consumers alike are able to compare the prices of local businesses and worldwide sellers. For an increasing number of tradable goods,...
Persistent link: https://www.econbiz.de/10010857580
The information and communication technology (ICT) revolution of the past 3 decades has transformed the world into an integrated marketplace. Today, producers and consumers alike are able to compare the prices of local businesses and worldwide sellers. For an increasing number of tradable goods,...
Persistent link: https://www.econbiz.de/10010857584
This paper focuses on the pricing behavior of Japanese and United States firms selling their identical products in New York City, Chicago, Osaka, and Tokyo. The authors utilize some simple models of international price dispersion and market segmentation that generate predictions about testable...
Persistent link: https://www.econbiz.de/10011277998
This paper discusses Japan’s strategy for Asian monetary integration. It argues that Japan faces three major policy … a leadership role in this endeavor. There is no question that Japan and the PRC are such potential leaders, and the two … monetary zone in Asia, Japan needs to make significant efforts at the national and regional levels and further strengthen …
Persistent link: https://www.econbiz.de/10011278016
Asia is fast becoming the largest recipient of Japan's foreign direct investment (FDI). Within the Asian region, the … Association of Southeast Asian Nations (ASEAN) has been the major investment destination of Japan. In the manufacturing sectors …, however, the investment flows from Japan to ASEAN—with Thailand being the largest recipient—has been declining. In …
Persistent link: https://www.econbiz.de/10011278055
Japan’s changing structure of trade, FDI and economy that underlay policy changes. We argue that until the late 1990s Japan … Japan-US bilateralism sometimes resulted in “managed trade†and encountered negative perceptions of the US approach in … Japan, overall, it had a positive impact on the Japanese economy in opening domestic markets through various reforms and …
Persistent link: https://www.econbiz.de/10011278084
will work independently of one another. When the Government of Japan announced its participation in the TPP negotiations in …
Persistent link: https://www.econbiz.de/10011278104