Mamoru Ishida

For Mamoru Ishida's latest contributions to The Japan Times, see below:

Jun 22, 2012

An East Asian community?

The leaders of the Association of Southeast Asian Nations and Japan, China and South Korea (ASEAN-plus-3) announced in December 2005 their determination to realize the East Asian Community. EAC has remained a dream so far because of the complexities of East Asia, particularly the ...

Aug 12, 2010

Japan's experience highlights perils for China

Until the global financial crisis hit, China had achieved export-led high economic growth by keeping its currency at an undervalued level. It is now abundantly clear that the growth model is not sustainable. The People’s Bank of China reinstated the “managed floating exchange rate ...

Apr 11, 2008

Regional role for China's yuan

It is likely that a renminbi (RMB) area emerges in East Asia. When RMB was pegged to the dollar, most of ASEAN currencies were also pegged to the dollar. That was because a large part of their trade was denominat- ed in dollar. Since ...