Economic Interdependence in the Asia-Pacific Region

Economic Interdependence in the Asia-Pacific Region PDF Author: C. H. Kwan
Publisher: Psychology Press
ISBN: 9780415101769
Category : Business & Economics
Languages : en
Pages : 212

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Book Description
Since the 1985 Plaza Accord, trade, investment and economic interdependence among the Asian economies has increased, while reliance on the US has fallen. In the light of this, Kwan considers the possiblity of forming a yen bloc in the region.

Economic Interdependence in the Asia-Pacific Region

Economic Interdependence in the Asia-Pacific Region PDF Author: C. H. Kwan
Publisher: Psychology Press
ISBN: 9780415101769
Category : Business & Economics
Languages : en
Pages : 212

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Book Description
Since the 1985 Plaza Accord, trade, investment and economic interdependence among the Asian economies has increased, while reliance on the US has fallen. In the light of this, Kwan considers the possiblity of forming a yen bloc in the region.

Yen Bloc

Yen Bloc PDF Author: C. H. Kwan
Publisher: Rowman & Littlefield
ISBN: 0815798709
Category : Business & Economics
Languages : en
Pages : 233

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Book Description
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.

Deregulation and Interdependence in the Asia-Pacific Region

Deregulation and Interdependence in the Asia-Pacific Region PDF Author: Takatoshi Ito
Publisher: University of Chicago Press
ISBN: 0226386945
Category : Business & Economics
Languages : en
Pages : 466

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Book Description
Recently, real and artificial barriers to international transactions have fallen sharply, causing a rise in the overall volume of international trade. East Asia has been particularly affected by the economic stresses and gains derived from deregulation. Deregulation and Interdependence in the Asia-Pacific Region explores the broadly similar experiences of certain economies in the region—China, Hong Kong, Japan, Korea—in dealing with the potentially volatile process of deregulation, and examines the East Asian response to a rapidly transforming economic environment.

Emerging Growth Pole

Emerging Growth Pole PDF Author: Dilip K. Das
Publisher: Prentice Hall PTR
ISBN:
Category : Asia
Languages : en
Pages : 692

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Book Description
Understand the Asia-Pacific economic revolution -- and its extraordinary implications.This book analyzes why the Asia-Pacific region has rapidly emerged as the world's third major trading area, and shows how this region is coming together as a cohesive "growth pole." Understand the role of intra-regional trade and foreign direct investment; learn how the Asia-Pacific economies view world trade. Understand APEC, ASEAN, and the long-term implications of Asia-Pacific interdependence. Learn about Japan's role in leading the Asia-Pacific economic bloc. Finally, take a close look at five of these powerhouse economies: Japan, China, Taiwan, Korea and Thailand.This book is for any professional or student interested in the Asia-Pacific economies --and the world economy in the 21st century.

New Regional Trading Arrangements in the Asia Pacific?

New Regional Trading Arrangements in the Asia Pacific? PDF Author: Robert Scollay
Publisher: Peterson Institute
ISBN: 9780881323023
Category : Trade blocs
Languages : en
Pages : 594

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Book Description
What are the choices the Asia-Pacific community will face if it proceeds further down the path of developing preferential regional trading arrangements? Fragmentation of the region into preferential trading arrangements on a bilateral or subregional basis promises relatively little economic gain and considerable risk of increased trade conflict. Larger preferential trading blocs, spanning the whole of East Asia, the Western Pacific, or the APEC membership, offer greater potential economic benefits but also face formidable political obstacles. In this study, Scollay and Gilbert weigh the economic consequences of the increased use of preferential trading arrangements in the Asia-Pacific region, whether these develop on the basis of trans-Pacific cooperation or solely within the East Asian or Western Pacific sub-regions. They evaluate the economic effects of both the existing proposals for new bilateral and multilateral agreements and of more far-reaching developments involving the creation of a substantial trading bloc or blocs in the region. Comparisons between the economic effects of establishing such bloc(s) in the region and the effects of achieving APEC's Bogor goals on the basis of "open regionalism" suggest that the latter approach continues to offer a worthwhile alternative. The study demonstrates that the benefits of global free trade dominate those available from establishment of any combination of major blocs or from APEC's "open regionalism".

Is Japan Creating a Yen Bloc in East Asia and the Pacific?

Is Japan Creating a Yen Bloc in East Asia and the Pacific? PDF Author: Jeffrey A. Frankel
Publisher:
ISBN:
Category : East Asia
Languages : en
Pages : 64

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Book Description
This paper reaches seven conclusions regarding the Yen Bloc that Japan is reputed to be forming in Pacific Asia. (1) Gravity-model estimates of bilateral trade show that the level of trade in East Asia is biased intra-regionally, as it is within the European Community and within the Western Hemisphere, to a greater extent than can be explained naturally by distance. One might call these three regions 'super-natural' blocs, in contrast to Krugman's "natural" trade blocs. (2) There is no evidence of a special Japan effect. (3) Once one properly accounts for rapid growth in Asia, the statistics do not bear out a trend toward intra-regional bias of trade flows. (4) The world's strongest trade grouping is the one that includes the U.S. and Canada with the Asian/Pacific countries, i.e., APEC. (5) There is a bit more evidence of rising Japanese influence in East Asia's financial markets. Tokyo appears to have acquired significant influence over interest rates in a few Asian countries, though overall its influence is as yet no greater than that of New York. (6) Some of Japan's financial and monetary influence takes place through a growing role for the yen, at the expense of the dollar, The yen has become relatively more important in exchange rate policies and invoicing of trade and finance in the region. (7) But this trend is less the outcome of Japanese policy-makers' wishes, than of pressure from the U.S. government to internationalize the yen

Economic Interdependence in the Pacific Region

Economic Interdependence in the Pacific Region PDF Author: Narongchai Akrasanee
Publisher:
ISBN:
Category : Asia
Languages : en
Pages : 34

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Book Description


Regionalism and Rivalry

Regionalism and Rivalry PDF Author: Jeffrey A. Frankel
Publisher: University of Chicago Press
ISBN: 0226260240
Category : Business & Economics
Languages : en
Pages : 486

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Book Description
As Japan's newfound economic power leads to increased political power, there is concern that Japan may be turning East Asia into a regional economic bloc to rival the U.S. and Europe. In Regionalism and Rivalry, leading economists and political scientists address this concern by looking at three central questions: Is Japan forming a trading bloc in Pacific Asia? Does Japan use foreign direct investment in Southeast Asia to achieve national goals? Does Japan possess the leadership qualities necessary for a nation assuming greater political responsibility in international affairs? The authors contend that although intraregional trade in East Asia is growing rapidly, a trade bloc is not necessarily forming. They show that the trade increase can be explained entirely by factors independent of discriminatory trading arrangements, such as the rapid growth of East Asian economies. Other chapters look in detail at cases of Japanese direct investment in Southeast Asia and find little evidence of attempts by Japan to use the power of its multinational corporations for political purposes. A third group of papers attempt to gauge Japan's leadership characteristics. They focus on Japan's "technology ideology," its contributions to international public goods, international monetary cooperation, and economic liberalization in East Asia.

Trade, Interdependence, and Security

Trade, Interdependence, and Security PDF Author: Ashley J. Tellis
Publisher: NBR
ISBN: 0971393877
Category : Political Science
Languages : en
Pages : 450

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Book Description


Asia-Pacific Economies

Asia-Pacific Economies PDF Author: Iyanatul Islam
Publisher: Psychology Press
ISBN: 9780415107662
Category : Business & Economics
Languages : en
Pages : 324

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Book Description
Why is the centre of international economic dynamism moving towards the countries of the East and South East Asia? Are there common elements that explain this success? Divided into two parts, the authors consider the central debates concerning the developm