Park, Yung Chul; Song, Chi-Young - Asian Development Bank Institute, Asian Development Bank - 2011
’s economic integration due to deflation, a strong yen, slow growth, and political instability. Japan would not eschew free … (ASEAN); Hong Kong, the PRC; and Taipei,China. Japan has shown less interest in assuming a greater role in East Asia … floating. These recent developments demand a new modality of monetary cooperation among the Republic of Korea, Japan, and the …