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Tag: ASEAN + 3

Pooling reserves in Asia

On May 9, 2007 By Tobias S. HarrisIn Observing Japan Blog1 Comment

The Yomiuri Shimbun's lead editorial today focuses on an agreement reached at the annual meeting of the Asian Development Bank (ABD) to pool currency reserves among the ASEAN + 3 countries so to be able to provide liquidity in the event of a crisis.Building on the Chiang Mai Initiative, an earlier agreement in ASEAN + …

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Two Chinas, two Asias

On March 2, 2007 By Tobias S. HarrisIn Observing Japan Blog1 Comment

I spent Friday afternoon at the headquarters of the Keidanren -- a classic example of Tokyo-style brutalism if I've ever seen one -- at a symposium convened by the World Trade Center Tokyo and the Tokyo American Center on "China's Rise and the Emerging Architecture of Trade and Investment in the Asia-Pacific Economy." Keynotes by …

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