diary

An article in Kokusai Kinyuu today by Professor MK. A comprehensive analysis on regional monetary cooperation but wish more space to be spent on ACu and related issues.

Weekend FT on introduction of the recent publication by Dr. Francis Fukuyama, but you have to order Amazon Japan.

WSJ has an interesting short article on the allowance of money exchange of Korean won to non-Korean banks overseas. It looks like that more time is needed for fx transactions to be allowed in a similar way.

Nikkei Kinyu has a small column explaining the idea of a fund for China, by which they could non-sterlize the fx intervention. Need to read the original.