1. Investment in IT and the business performance of financial companies / Irene Henriques, Perry Sadorsky -- 2. Recent development of information technology in Japanese banks / Nobuyoshi Yamori, Kozo Harimaya, Yoshihiro Asai -- 3. Payment systems of financial institutions : current state and...

"This book examines the impact IT has on politics, education, sociology, and technology. IT has already changed the face of many business activities and has prospects for future development. This book focuses on the benefits of IT for developing countries, whose problems must be solved, and...

This article examines whether international trade openness is related with inflation or not in Asian countries. The relationship in the world has been discussed including economic growth for a long time from both theoretical and empirical ones, however, there has not been any consensus about...

The Asia-Pacific Economic Cooperation (APEC) was established in 1989. APEC member countries are remarkably different from each other in many respects. The traditional optimum currency area (OCA) theory may not be suitable for application to APEC. This paper stresses business cycles and trade...

Large accumulations of foreign reserves have been ongoing recently in Asian countries. Policymakers seem to have decided to increase high levels of foreign reserves for self-insurance or precautionary purposes against exchange rate movements. Other countries have accumulated foreign reserves to...

This article examines the suitability of the currency union in the Central Franc Zone (CFA) relative to business cycles and trade. Optimum currency area (OCA) criteria have been employed to determine the suitability of currency integration. This paper also develops a procedure for application of...