The Japanese Yen as an International Currency

The Japanese Yen as an International Currency
Author: Mr.George S. Tavlas
Publisher: International Monetary Fund
Total Pages: 66
Release: 1991
Genre: Business & Economics
ISBN:

Download The Japanese Yen as an International Currency Book in PDF, Epub and Kindle

The role of the Japanese yen as an international currency is assessed. It is found that the determinants of international-currency use imply some increase for the yen’s use in international finance; however, the implications for the yen’s use in international trade are mixed. It is also shown that, despite Japan’s emergence as the world’s largest net creditor nation, Japan’s capital outflows have not significantly facilitated the yen’s internationalization. Data are presented showing that, although the yen’s use as an international currency has increased, it is still rather modest. Wider use of the yen as a regional currency in Asia has occurred, though a “yen-zone” does not appear to be emerging.


The Japanese Yen as an International Currency
Language: en
Pages: 66
Authors: Mr.George S. Tavlas
Categories: Business & Economics
Type: BOOK - Published: 1991 - Publisher: International Monetary Fund

GET EBOOK

The role of the Japanese yen as an international currency is assessed. It is found that the determinants of international-currency use imply some increase for t
The Internationalization of Currencies
Language: en
Pages: 72
Authors: Mr.George S. Tavlas
Categories: Business & Economics
Type: BOOK - Published: 1992-01-15 - Publisher: International Monetary Fund

GET EBOOK

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
The Internationalization of Yen and Key Currency Questions
Language: en
Pages: 96
Authors: Toru Iwami
Categories: Business & Economics
Type: BOOK - Published: 1994-04-01 - Publisher: International Monetary Fund

GET EBOOK

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 year
The Curious Case of the Yen as a Safe Haven Currency
Language: en
Pages: 21
Authors: Mr.Dennis P. J. Botman
Categories: Business & Economics
Type: BOOK - Published: 2013-11-06 - Publisher: International Monetary Fund

GET EBOOK

During risk-off episodes, the yen is a safe haven currency and on average appreciates against the U.S. dollar. We investigate the proximate causes of yen risk-o
Yen Bloc
Language: en
Pages: 236
Authors: C. H. Kwan
Categories: Business & Economics
Type: BOOK - Published: 2004-06-23 - Publisher: Rowman & Littlefield

GET EBOOK

In this important new book, C.H. Kwan asks whether the Japanese yen can, or will, replace the dollar as the key currency in East Asia. Kwan analyzes the implica