ROBERT TRIFFIN, JAPAN, AND THE QUEST FOR ASIAN MONETARY UNION

IF 16.4 1区化学 Q1 CHEMISTRY, MULTIDISCIPLINARY

Accounts of Chemical Research Pub Date : 2023-09-11 DOI:10.1017/s1053837223000044

Ivo Maes, Ilaria Pasotti

引用次数: 4

Abstract

Especially with the Asian financial crisis of 1997–98, Asian countries have advocated a profound reform of the international financial architecture. Their proposals focused on two main axes: a reform of the global financial system, and stronger regional monetary integration in Asia. There are here significant parallels with the ideas of Robert Triffin (1911–1993). Triffin became famous with trenchant analyses of the vulnerabilities of the international monetary system. The Triffin dilemma is still present among international monetary policy-makers, also in Asia. Triffin put forward several proposals for reforming the global monetary system, but he also developed proposals for regional monetary integration. These were very much based on his experience with the European Payments Union, and focused on the creation of a (European) reserve fund and a (European) currency unit. In this paper we focus on Triffin’s proposals for an Asian payments union in the late 1960s, giving special attention to Japan (in Triffin’s time, the biggest Asian economy; moreover, Triffin had an important Japanese network).

查看原文本刊更多论文

罗伯特·特里芬，日本，以及对亚洲货币联盟的追求

特别是随着1997-98年亚洲金融危机的爆发，亚洲国家主张对国际金融架构进行深刻改革。他们的建议主要集中在两个方面:改革全球金融体系，以及加强亚洲地区货币一体化。这与罗伯特•特里芬(Robert Triffin, 1911-1993)的观点有很多相似之处。特里芬因对国际货币体系脆弱性的尖锐分析而闻名。特里芬困境仍然存在于国际货币政策制定者中，在亚洲也是如此。特里芬提出了几项改革全球货币体系的建议，但他也提出了区域货币一体化的建议。这些建议在很大程度上基于他在欧洲支付联盟(European Payments Union)的经验，重点是创建一个(欧洲)储备基金和一个(欧洲)货币单位。在本文中，我们将重点关注特里芬在20世纪60年代末提出的亚洲支付联盟的建议，并特别关注日本(在特里芬的时代，日本是亚洲最大的经济体;此外，特里芬在日本有一个重要的关系网)。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

求助全文

约1分钟内获得全文求助全文

来源期刊

Accounts of Chemical Research 化学-化学综合

CiteScore

31.40

自引率

1.10%

发文量

312

审稿时长

2 months

期刊介绍： Accounts of Chemical Research presents short, concise and critical articles offering easy-to-read overviews of basic research and applications in all areas of chemistry and biochemistry. These short reviews focus on research from the author’s own laboratory and are designed to teach the reader about a research project. In addition, Accounts of Chemical Research publishes commentaries that give an informed opinion on a current research problem. Special Issues online are devoted to a single topic of unusual activity and significance. Accounts of Chemical Research replaces the traditional article abstract with an article "Conspectus." These entries synopsize the research affording the reader a closer look at the content and significance of an article. Through this provision of a more detailed description of the article contents, the Conspectus enhances the article's discoverability by search engines and the exposure for the research.