Japan and East Asian Monetary Regionalism

Based on original fieldwork including interviews held with Japanese officials, this text provides important new insight into Japan and East Asian relations, principally through the close examination of changes in Japans regional policy. Furthering discussions on Japans new regional activism, Hayashi explores how Japan and East Asian relations have developed, how Japans regional policy has changed, and why. In addition, the book challenges conventional views on Japanese foreign policy, arguing that it is not reactive but incrementally effective. The book incorporates three major case studies that provide detailed narratives and analysis of Japan and Washingtons diverging ideological approaches, Japans policies towards the East Asian financial crisis, and its policies towards East Asian regionalism.