The 1970s saw the recurrence of major turmoil in the international monetary scene in which Japan played no small part …. Japan’s response to past monetary upheavals has always been passive and there were occasions when its passivity and delayed … trace the underlying causes of Japan’s behavioural pattern in an international monetary sphere and identify positive roles …

While bringing unprecedented prosperity to post-war Japan, her "economic miracle" at the same time led to greater … home to the Japanese by events in the early 1970’s. As Japan’s small land; poor natural resources and large population …

via increased imports to the economic recovery of Japan’s trading partners. Against this background, the following article …