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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 …
Persistent link: https://www.econbiz.de/10010343515
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
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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 …
Persistent link: https://www.econbiz.de/10012205804
Persistent link: https://www.econbiz.de/10001201622
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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
Persistent link: https://www.econbiz.de/10002919872
In the last decade, East Asia has engaged in constructing numerous mechanisms to enhance regional cooperation in the areas of trade and finance. However, the region's economic architecture exhibits certain idiosyncrasies such as an eclectic institutional structure and a limited level of...
Persistent link: https://www.econbiz.de/10003927373