Japan in the International Financial System By Toru Iwami
1995 | 208 Pages | ISBN: 0333631218 | PDF | 12 MB
1995 | 208 Pages | ISBN: 0333631218 | PDF | 12 MB
Japan experienced a remarkable growth in international finance, through a series of liberalization measures in the 1980s. However, her position in the global financial system is still limited, as the reserve currency share of yen illustrates. Why does such a contrast exist? Historical comparison with Britain and the United States as well as data provide a key to anwer this question.