 | Currency and Contest in East Asia Since the Asian Financial Crisis of 1997-98, East Asian economies have sought to make themselves less vulnerable to global financial markets by transforming the regional financial architecture. With Japan as a leading actor, they have introduced initiatives to provide emergency financing to crisis economies, support the development of local-currency bond markets, and better coordinate currency policies. In Currency and Contest in East Asia, William W. Grimes builds on years of primary research and scores of interviews with participants and policy analysts to provide the most accurate, complete, and detailed description available of attempts to build financial cooperation among East Asian countries. William W. Grimes is Associate Professor of International Relations at Boston University. He is the author of Unmaking the Japanese Miracle: Macroeconomic Politics, 1985-2000, also from Cornell, and coeditor of Japan's Managed Globalization: Adapting to the Twenty-first Century. |
