The Yo-Yo Yen: and the Future of the Japanese Economy

The Yo-Yo Yen: and the Future of the Japanese Economy
ISBN-10
1403907102
ISBN-13
9781403907103
Category
Business & Economics
Pages
259
Language
English
Published
2002-05-01
Publisher
Springer
Authors
Robert Z. Aliber, B. Brown

Description

The violent fluctuations of the Japanese yen through the 1980s and 1990s have played a critical role in Japan's economic decline. Brendan Brown highlights the causes of the yen's bizzare behaviour, and analyses the consequences for the Japanese and global economies. Through this analysis he presents an original hypothesis, linking the periodic sharp upswings of the Yen to poor economic performance and offers a new view as to where the responsibility for failure of the Japanese currency market to function normally lies.

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