Author : Tetsuji Murase
Publisher :
Page : 50 pages
File Size : 20,11 MB
Release : 2000
Category : Japan
ISBN :
"Argues that three conditions need to be fulfilled before the yen can become a major international currency ... Focuses on the importance of market principles ..." -- Abstract.
Author : Toru Iwami
Publisher : International Monetary Fund
Page : 96 pages
File Size : 21,76 MB
Release : 1994-04-01
Category : Business & Economics
ISBN : 1451846037
The role of the yen in the International financial system is reconsidered from a comparative (historical) approach. Compared with the D-Mark in the postwar years, the limited use of the yen results not so much from regulations on capital movements as from the structure and behavior of Japanese economy. The history of the pound-sterling and the U.S. dollar reveals the fact that such factors as the network of foreign trade and economic size constitute the basis and “inertia” of a key-currency. Thus for a currency to rise to a key-position in global transactions, real factors are more decisive than financial market arrangement. Seen from the foreign economic relations, it is not possible for Japan to own a key-currency independent from the U.S. dollar.
Author : Mr.George S. Tavlas
Publisher : International Monetary Fund
Page : 72 pages
File Size : 24,45 MB
Release : 1992-01-15
Category : Business & Economics
ISBN :
A tripolar international monetary system-centered on the U.S. dollar, the deutsche mark, and the yen - appears to be emerging. This paper not only assesses the role of the yen as an international currency but also presents a unified theory of international currency use and distinguishes between the roles of a nation as a world banker and as an international financial intermediary.
Author : Richard S. Thorn
Publisher : Institute of Southeast Asian Studies
Page : 145 pages
File Size : 36,54 MB
Release : 1987
Category : History
ISBN : 9971988755
Japan has become the world's second largest economy and the number one exporter of financial capital. Tokyo has taken its place as a first-tier financial centre alongside London and New York. This study analyses the far-reaching effects of these developments on both Japan and the world capital markets.
Author : Tetsuji Murase
Publisher :
Page : 52 pages
File Size : 21,61 MB
Release : 2000
Category : Japan
ISBN :
"Argues that three conditions need to be fulfilled before the yen can become a major international currency ... Focuses on the importance of market principles ..." -- Abstract.
Author : Junya Onishi
Publisher :
Page : 72 pages
File Size : 29,18 MB
Release : 1999
Category : Foreign exchange
ISBN :
Author : Oyez International Business Communications Ltd
Publisher :
Page : pages
File Size : 50,12 MB
Release : 1984
Category : Finance
ISBN :
Author : Tōru Iwami
Publisher :
Page : 56 pages
File Size : 16,20 MB
Release : 1994
Category : Currency question
ISBN :
Author :
Publisher :
Page : pages
File Size : 14,10 MB
Release :
Category :
ISBN :
Author : Dilip K. Das
Publisher : Springer
Page : 241 pages
File Size : 43,87 MB
Release : 1993-06-18
Category : Business & Economics
ISBN : 1349128120
The decision of the G-5 countries to appreciate the yen during the Plaza accord was of great significance for Japan because this was the sharpest appreciation among the leading currencies. The author assesses how both developing and industrialized economies felt the full force of this expansion.
