Yen Bloc: Toward Economic Integration in Asia - Softcover

Kwan, C. H.

Softcover

ISBN 10: 0815700830 ISBN 13: 9780815700838

Publisher: Brookings Institution Press, 2001

Synopsis

In this important new book, C.H. Kwan asks whether the Japanese yen can, or will, replace the dollar as the key currency in East Asia. Kwan analyzes the implications for Japan and Asia's developing countries should they come together to form a yen bloc—a grouping of countries that use the yen as an international currency and maintain stable exchange rates against the yen. Combining academic analysis with his experience advising the Japanese prime minister and the Japanese minister of finance, Kwan concludes that a yen bloc might benefit Asia's developing countries—as well as Japan—while contributing to a more stable international monetary order. Kwan's book represents the first attempt to explore systematically the possibility of monetary integration in Asia. It also provides a vision for regional integration in Asia in the twenty-first century.

About this title

About the Author

C. H. Kwan is a Senior Fellow at the Research Institute of Economy, Trade and Industry (RIETI) and the author of several books, including Economic Interdependence in the Asia-Pacific Region (Routledge, 1994); and Yen Bloc (Brookings, 2001).

Edition details

• Publisher: Brookings Institution Press
• Publication date: 2001
• Language: English
• ISBN 10: 0815700830
• ISBN 13: 9780815700838
• Binding: Paperback
• Number of pages: 233