The Internationalization of Currencies: An Appraisal of the Japanese Yen by Yusuru Ozeki
(price excluding 0% GST)
Author:
Yusuru Ozeki
Category:
Finance & Investments
ISBN:
9781452778228
Publisher:
Vearsa (INTERNATIONAL MONETARY FUND)
File Size:
2.58 MB
(price excluding 0% GST)
Synopsis
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.
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