East Asian trade and financial integration: new issues

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Asia Pacific Press at the Australian National University, 2002 - Business & Economics - 240 pages
There is a great deal of fluidity in East Asian trade and financial diplomacy following the East Asian currency crisis. This book examines some of the salient issues that are shaping the evolution of trade and financial policy strategies in the region. East Asia has thus far eschewed traditional regional trade arrangements such as free trade areas and customs unions. Why? What forces are encouraging a re-think of this strategy? Why has Japan entered into discussion of a bilateral free trade area with Singapore? The East Asian currency crisis shook regional confidence in relying on Washington and the global institutions for financial cooperation. What changes are being contemplated for regional currency arrangements? Do they make sense, given the structure of the regional economy? These are some of the new issues in East Asian trade and monetary arrangements that are dealt with in the book.

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