East Asian Transportation

East Asian Currency Union

This paper analyzes the feasibility of various types of currency unions, such as a dollar bloc, Euro bloc, Yen bloc, and basket currency bloc in East Asia, and empirically estimates welfare effects of a currency union for East Asian economies. Judging from optimum currency area (OCA) criteria, including the symmetry of output and price shocks across countries, commitment to price stability, and...

Urban Transportation in Asian Countries

Large cities in Asia have unique transport problems. Traffic management alone is limited in solving the problems of urban transportation, and introduction of guided transit systems separate from ground-level transport is essential in solving these problems. This article describes some of the recent measures, including finance resources, taken to solve Asian urban transportation problems. The ad...

Are East Asian Versus Ability

The first systematic cross-national study of mathematical abilities was conducted in 1964 (Hu#n, 1967). The results of this study showed that American adolescents were among the most poorly educated students in mathematics in the industrialized world. In the ensuing 30 years, this basic finding has been replicated many times and has been shown to be true for nearly all mathematical domains, fro...

Were East Asian Currencies Overvalued?

College of East Asian Studies

The College of East Asian Studies (CEAS) challenges students to understand China, Japan, and Korea through the rigors of language study and the analytical tools of various academic disciplines. This process demands both broad exposure to different subjects and a focused perspective on a particular feature of the East Asian landscape. Japan, China, and Korea are related yet distinctive civilizat...