The Internationalization of Currencies: An Appraisal of the Japanese Yen
Business & Finance, Economics, Public Finance, Finance & Investing, Banks & Banking, Macroeconomics
| Author: | Yusuru Ozeki, George Mr. Tavlas | ISBN: | 9781452778228 |
| Publisher: | INTERNATIONAL MONETARY FUND | Publication: | January 15, 1992 |
| Imprint: | INTERNATIONAL MONETARY FUND | Language: | English |
| Author: | Yusuru Ozeki, George Mr. Tavlas |
| ISBN: | 9781452778228 |
| Publisher: | INTERNATIONAL MONETARY FUND |
| Publication: | January 15, 1992 |
| Imprint: | INTERNATIONAL MONETARY FUND |
| Language: | English |
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.
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.
