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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Detalhes bibliográficos
Autor principal: Shirono, Kazuko
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2009.
coleção:IMF Working Papers; Working Paper ; No. 2009/003
Acesso em linha:Full text available on IMF