In the current issue of the Economist, the news magazine calls particular attention to comments by Hatoyama Yukio in an article in the September issue of Voice called "My Political Philosophy." (I've gotten so accustomed to Japanese magazines not putting content online that I did not even bother to check whether it was.) Hatoyama, the …
Tag: Asian regionalism
Pooling reserves in Asia
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 + …