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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...
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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 …
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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 …
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