Yen Bloc: Toward Economic Integration in Asia

"

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.

"

Author: C. H. Kwan
Publisher: Brookings Institution Press
Published: 06/01/2001
Pages: 232
Binding Type: Paperback
Weight: 0.69lbs
Size: 9.02h x 6.10w x 0.64d
ISBN: 9780815700838

Review Citation(s):
Reference and Research Bk News 02/01/2002 pg. 76

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).