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countries are proposed, namely the US, Japan, and China and hence, to an extent the analysis does indicate the relative … relatively prepared for integration whilst others are not. In some ways, results do also signify the dominance of Japan despite …
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, and the future of cash in various monetary systems, contrasting case studies from China, Japan, Korea, and Singapore with … cashless payments for daily exchanges, while countries like Japan still largely rely on cash for a wide range of transactions … Japan’s Fiscal and Monetary Challenges -- A Coinless Society as a Bridge to a Cashless Society: A Korean Experiment -- The …
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Ogawa and Shimizu (2005) proposed an Asian Monetary Unit (AMU), which is a common currency basket composed of ASEAN plus three Asian currencies, and AMU Deviation Indicators (AMU DIs), which indicates deviations of each Asian currency in terms of the AMU compared to the benchmark rate. In this...
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