Yen Bloc: Toward Economic Integration in Asia

Glossary

xvii acu Asian currency unit ADB Asian Development Bank ADBI Asian Development Bank Institute AFTA ASEAN Free Trade Area AMF Asian Monetary Fund APEC Asia Pacific Economic Cooperation ASEAN Association of Southeast Asian Nations (Indonesia, Malaysia, the Philippines, Singapore, Thailand, Brunei, Vietnam, Laos, Myanmar, and Cambodia) ASEM Asia-Europe Meeting BIBF Bangkok International Banking Facilities BIS Bank for International Settlements CEPII Centre d’Études Prospectives et d’Informations Internationales CPI consumer price index EAEC East Asian Economic Caucus ecu European currency unit EMU Economic and Monetary Union (Europe); also used loosely to mean European Monetary Union EPA Economic Planning Agency (Japan) EU European Union FEER fundamental equilibrium exchange rate G5 United States, Japan, Germany, France, and United Kingdom Glossary G7 G5 plus Italy and Canada GATT General Agreement on Tariffs and Trade GDP gross domestic product GNP gross national product ICOR incremental capital-output ratio IMF International Monetary Fund M&As mergers and acquisitions MITI Ministry of International Trade and Industry (Japan) MOF Ministry of Finance (Japan) NIE newly industrializing (or industrialized) economy (the Asian NIEs are South Korea, Taiwan, Hong Kong, and Singapore)* OECD Organization for Economic Cooperation and Development OPEC Organization of Petroleum Exporting Countries REER real effective exchange rate SDR special drawing right SITC standard international trade classification (UN) xviii  * International organizations such as the IMF and OECD use“newly industrializing economy ,” although “newly industrialized economy” is also used elsewhere. ...