The Internationalization Of Yen And Key Currency Questions

Author : Toru Iwami
Publisher : International Monetary Fund
Page : 96 pages
File Size : 55,9 Mb
Release : 1994-04-01
Category : Business & Economics
ISBN : 9781451846034

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The Internationalization of Yen and Key Currency Questions by Toru Iwami Pdf

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 : Tōru Iwami
Publisher : Unknown
Page : 56 pages
File Size : 40,7 Mb
Release : 1994
Category : Currency question
ISBN : UCSD:31822018776591

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The Internationalization of Yen and Key Currency Questions by Tōru Iwami Pdf

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 86 pages
File Size : 53,8 Mb
Release : 1994-08-01
Category : Business & Economics
ISBN : 9781451850956

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Working Paper Summaries (WP/94/1 - WP/94/76) by International Monetary Fund Pdf

The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and national and international economic developments.

Author : Saori N. Katada
Publisher : Columbia University Press
Page : 218 pages
File Size : 55,8 Mb
Release : 2020-07-07
Category : Political Science
ISBN : 9780231549080

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Japan's New Regional Reality by Saori N. Katada Pdf

Since the mid-1990s, Japan’s regional economic strategy has transformed. Once characterized by bilateralism, informality, and neomercantilism, Japanese policy has shifted to a new liberal strategy emphasizing regional institution building and rule setting. As two major global powers, China and the United States, wrestle over economic advantages, Japan currently occupies a pivotal position capable of tipping the geoeconomic balance in the region. Japan’s New Regional Reality offers a comprehensive analysis of Japan’s geoeconomic strategy that reveals the country’s role in shaping regional economic order in the Asia-Pacific. Saori N. Katada explains Japanese foreign economic policy in light of both international and domestic dynamics. She points out the hurdles to implementing a state-led liberal strategy, detailing how domestic political and institutional changes have been much slower and stickier than the changing regional economics. Katada highlights state-market relations and shows how big businesses have responded to the country’s interventionist policies. The book covers a wide range of economic issues including trade, investment, finance, currency, and foreign aid. Japan’s New Regional Reality is a meticulously researched study of the dynamics that have contributed to economic and political realities in the Asia-Pacific today, with significant implications for future regional trends.

Author : Philipp Hartmann
Publisher : Cambridge University Press
Page : 212 pages
File Size : 50,5 Mb
Release : 1998-12-10
Category : Business & Economics
ISBN : 9780521632737

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Currency Competition and Foreign Exchange Markets by Philipp Hartmann Pdf

A study of international currencies which focuses on the role of the Euro.

Author : T. Iwami
Publisher : Springer
Page : 186 pages
File Size : 47,7 Mb
Release : 1995-10-27
Category : Business & Economics
ISBN : 9780230372634

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Japan in the International Financial System by T. Iwami Pdf

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 extensive data provide a key to answer the question.

Author : International Monetary Fund. Strategy, Policy, & Review Department
Publisher : International Monetary Fund
Page : 36 pages
File Size : 44,7 Mb
Release : 2010-04-21
Category : Business & Economics
ISBN : 9781498337557

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Reserve Accumulation and International Monetary Stability by International Monetary Fund. Strategy, Policy, & Review Department Pdf

Since its last report to the IMFC in October 2009, the IEO has completed its evaluation report on IMF Interactions with Member Countries and finalized issues papers for evaluations on the IMF Performance in the Run-up to the Current Financial and Economic Crisis and Research at the IMF: Relevance and Utilization. On February 1, Moisés Schwartz assumed his duties as the third Director of the IEO.

Author : Yuanzheng Cao
Publisher : Springer
Page : 213 pages
File Size : 45,6 Mb
Release : 2018-08-29
Category : Business & Economics
ISBN : 9789811308000

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Strategies for Internationalizing the Renminbi by Yuanzheng Cao Pdf

This book presents the theoretical framework for the evolution of the international monetary system and the internationalization of the RMB. Combining theoretical research and empirical study, it then provides an in-depth analysis of the relevant issues from multiple perspectives based on this framework. Written by former chief economist at the Bank of China, this book explains the “two-step strategy” from the capital account opening to the full convertibility of the RMB, it also analyzes the status and functions of the HK offshore financial market in internationalizing the RMB.

Author : International Monetary Fund. Research Dept.
Publisher : International Monetary Fund
Page : 244 pages
File Size : 49,6 Mb
Release : 1995-01-01
Category : Business & Economics
ISBN : 9781451957068

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IMF Staff papers by International Monetary Fund. Research Dept. Pdf

This paper provides a critical survey of the literature on politico-institutional determinants of the government budget. We organize our discussion around two questions: Why did certain OECD countries, but not others, accumulate large public debts? Why did these fiscal imbalances appear in the last twenty years rather than sooner? We begin by discussing the “tax smoothing” model and conclude that this approach alone cannot provide complete answers to these questions. We then proceed to a discussion of political economy models, which we organize into six groups: (1) models based upon opportunistic policy makers and naive voters with “fiscal illusion”; (2) models of intergenerational redistributions; (3) models of debt as a strategic variable, linking the current government with the next one; (4) models of coalition governments; (5) models of geographically dispersed interests; and (6) models emphasizing the effects of budgetary institutions. We conclude by briefly discussing policy implications.

Author : Rakesh Mohan,Michael Debabrata Patra,Muneesh Kapur
Publisher : International Monetary Fund
Page : 49 pages
File Size : 49,9 Mb
Release : 2013-11-05
Category : Business & Economics
ISBN : 9781475513523

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The International Monetary System by Rakesh Mohan,Michael Debabrata Patra,Muneesh Kapur Pdf

The North Atlantic financial crisis of 2008-2009 has spurred renewed interest in reforming the international monetary system, which has been malfunctioning in many aspects. Large and volatile capital flows have promoted greater volatility in financial markets, leading to recurrent financial crises. The renewed focus on the broader role of the central banks, away from narrow price stability monetary policy frameworks, is necessary to ensure domestic macroeconomic and financial stability. Since international monetary cooperation might be difficult, though desirable, central banks in major advanced economies, going forward, need to internalize the implications of their monetary policies for the rest of the global economy to reduce the incidence of financial crises.

Author : Anonim
Publisher : Unknown
Page : 90 pages
File Size : 47,8 Mb
Release : 1994
Category : IMF working paper
ISBN : IND:30000044560732

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Working Paper Summaries, January-June 1994 by Anonim Pdf

Author : Anonim
Publisher : Unknown
Page : 514 pages
File Size : 55,9 Mb
Release : 1994
Category : Finance
ISBN : UIUC:30112005694515

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IMF Working Paper by Anonim Pdf

Author : Haywood Cheung
Publisher : Routledge
Page : 168 pages
File Size : 54,9 Mb
Release : 2016-12-19
Category : Business & Economics
ISBN : 9781317613305

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Gold and International Finance by Haywood Cheung Pdf

This book describes the history of gold as a financial instrument and discusses gold exchanges in the major markets. It also describes the history of the Chinese Gold & Silver Exchange Society (CGSE), its current organizational structure and membership registration system. The book also includes the development and growth of the gold market in Hong Kong and the role played by CGSE in the growth of the Chinese gold market. It includes a brief description of the CGSE in the twenty-first century – its current role and what it may play in the future. The book explains factors that influence gold price and the mechanism of price formulation. It also describes the historic trends in the demand and supply of gold and the global inventory of gold, trends of the demand for investment holdings, jewelry manufacturing and industrial usage. The book also compares the movements in gold price with inflation and analyzes the data on how gold provides a hedge against inflation. It also examines and explains the relationship between gold and the US dollar (USD) and the correlation between dollar index (value of dollar against 16 major currencies) and gold price. It explores in depth on the relationship between gold price, output and inventories and major economic indices. This is a good reference for those interested in the comprehensive view of gold and its importance in the world economies.

Author : Glenn D. Hook,Michael Weiner
Publisher : Routledge
Page : 347 pages
File Size : 46,8 Mb
Release : 2013-03-07
Category : Business & Economics
ISBN : 9781135035372

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The Internationalization of Japan by Glenn D. Hook,Michael Weiner Pdf

The Internationalization of Japan provides the English-speaking reader with the opportunity to hear what some of Japan's leading social scientists and other commentators have to say about the internationalization of their country as well as their country's impact overseas. The topic is of extreme importance now as the international community demands a greater Japanese contribution to international society as well as changes in Japan to facilitate foreign access. The book discusses the internationalization of politics, economy and society. Topics of special interest include the internationalization of Japanese capital, the response of Japanese society to foreign workers, local level initiatives for internationalization and the internationalization of education. To place the internationalization of Japan in comparative perspective there are chapters on Britain and the United States from a leading British and a leading American political scientist respectively. These two and the editors aside, all the contributors are highly regarded Japanese scholars or commentators.

Author : Chee Heong Quah
Publisher : Unknown
Page : 372 pages
File Size : 51,8 Mb
Release : 2012
Category : East Asia
ISBN : UCSD:31822039429980

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Optimal Currency Areas in East Asia by Chee Heong Quah Pdf