Yen Bloc or Yuan Bloc : An Analysis of Currency Arrangements in East Asia /
This paper examines the role of Japan against that of China in the exchange rate regime in East Asia in light of growing interest in forming a currency union in the region. The analysis suggests that currency unions with China tend to generate higher average welfare gains for East Asian countries th...
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Format: | Book |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2009
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Edition: | 1st ed |
Series: | IMF Working Papers; Working Paper ;
No. 2009/003 |
Subjects: |