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Europe and Asia followed very different paths to economic integration after 1945. By 2000, an economic union with free movement of goods and factors of production and a common currency linked much of Europe. Meanwhile, effective economic integration agreements were absent from Asia, although...
Persistent link: https://www.econbiz.de/10012137064
This paper discusses Japan's strategy for Asian monetary integration. It argues that Japan faces three major policy … countries assuming a leadership role in this endeavor. There is no question that Japan and the PRC are such potential leaders … creating a stable monetary zone in Asia, Japan needs to make significant efforts at the national and regional levels and …
Persistent link: https://www.econbiz.de/10010343515
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This paper identifies a "border" effect in the absence of a border. The finding that trade between East- and West-Japan … contemporaneous structure of Japan’s business and social networks, rather than cultural differences, induced by long …
Persistent link: https://www.econbiz.de/10011853219
the People's Republic of China and Japan's "Partnership for Quality Infrastructure" (PQI). After introducing key issues … movers, with the establishment of the European Investment Bank for instance, but its mechanisms have so far not become …
Persistent link: https://www.econbiz.de/10012205804
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for Asian economies and explores the benefits of the People's Republic of China-Japan-United States integration. The … would force the People's Republic of China, Japan, and other East Asian economies to undergo substantial structural … sustained growth. Our global computable general equilibrium analysis suggests that the People's Republic of China and Japan need …
Persistent link: https://www.econbiz.de/10003901427
, including significant flows from Japan and the United States (US). We examine these investment flows in detail to gain … Japan's FDI flows have been much more concentrated in manufacturing, particularly in transport, electrical, and machinery …
Persistent link: https://www.econbiz.de/10003901563