In this study, C. H. Kwan examines the phenomenal economic growth and integration in the Asia-Pacific region since the Plaza Accord of 1985 and the resulting decline of US economic hegemony. He explores the possibility of self-sustaining growth in the region and the formation of a Yen Bloc. "Economic Interdependence in the Asia-Pacific Region" brings an analytical approach to recent macroeconomic developments in the area and focuses on the "real" and "monetary" aspects of creating a Yen Bloc.
Drawing on his wide experience in both Asia and Japan, Kwan presents a balanced view of the subject. He shows how Japan has replaced the United States as Asia's most important source of Direct Foreign Investment and how national borders have been opened to economic integration. He discusses exchange rate fluctuations, changes in the flow of trade, balance of payments trends and the "internationalization of the yen" as the key currency in the Asia-Pacific region.
Tertiary; University or College
For Ages: 18 years old
Number Of Pages: 208
Published: 1st January 1994
Publisher: Taylor & Francis Ltd
Country of Publication: GB
Dimensions (cm): 22.86 x 14.61
Weight (kg): 0.34
Edition Number: 1