This paper discusses Japan’s strategy for Asian monetary integration. It argues that Japan faces three major policy … of China (PRC)–to move to a more flexible regime vis-à-vis the US dollar. Second, given the limited degree of the yen … a leadership role in this endeavor. There is no question that Japan and the PRC are such potential leaders, and the two …

This paper discusses Japan’s strategy for Asian monetary integration. It argues that Japan faces three major policy … of China (PRC)–to move to a more flexible regime vis-à-vis the US dollar. Second, given the limited degree of the yen … a leadership role in this endeavor. There is no question that Japan and the PRC are such potential leaders, and the two …

the expense of the yen. In short, despite the rising importance of the RMB, it has not eclipsed the US dollar as the …

. The paper also explores how monetary and currency cooperation - led by the PRC and Japan - can promote intra-East Asian …

the yen. In short, despite the rising importance of the RMB, it has not eclipsed the US dollar as the dominant anchor …

. The paper also explores how monetary and currency cooperation—led by the PRC and Japan—can promote intra-East Asian …

, ASEAN must act as the regional 'hub' by further deepening ASEAN economic integration, the plus-three countries (PRC, Japan …