Huff, Gregg; Majima, Shinobu - Economics Group, Nuffield College, University of Oxford - 2012
Japan, and the monetary and inflation consequences of Japanese policies. In Malaya, Burma, Indonesia and the Philippines … enforcement of monetary monopoly, and because of declining Japanese military capability to ship resources home. In Thailand and … Indochina, occupation costs and bilateral clearing arrangements created near open-ended Japanese purchasing power and allowed …