This paper analyzes how much deviation we have among Asian currencies which include the Indian rupee, the Australian dollar, and the New Zealand dollar, given that we are discussing an East Asian Community based on ASEAN+3(Japan, China, and South Korea)+3(India, Australia, and New Zealand). We...

The purpose of this paper is to examine what forms of monetary and financial cooperation will be desirable in East Asia with a focus on the spillover effects of currency misalignment on the Japanese economy in particular, thereby obtaining implications for monetary and financial cooperation in...