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Persistent link: https://www.econbiz.de/10012209150
This study analyses how a state's reactive currency statecraft—its strategic reaction to an international currency issued by a foreign state—is shaped, by devoting special attention to its broad foreign policy stance toward the state issuing that international currency, with a main empirical...
Persistent link: https://www.econbiz.de/10012921425
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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 years, the limited use of the yen results not so much from regulations on capital … than financial market arrangement. Seen from the foreign economic relations, it is not possible for Japan to own a key …
Persistent link: https://www.econbiz.de/10012781725
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 years, the limited use of the yen results not so much from regulations on capital … arrangement. Seen from the foreign economic relations, it is not possible for Japan to own a key-currency independent from the U …
Persistent link: https://www.econbiz.de/10014398125
Purpose - The most prominent and persistent problems of our global monetary system are instability and imbalances. We propose an international monetary model to solve these problems while at the same time move the model closer to Maqāṣid Sharīʿah (objectives of Sharīʿah). We name this an...
Persistent link: https://www.econbiz.de/10012319170
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Persistent link: https://www.econbiz.de/10014461123
The paper evaluates the present and future international currency status of the US dollar, the euro and the yen. In … established in 1999. The comparatively weak international status of the yen, currently ranked third, is briefly sketched in …
Persistent link: https://www.econbiz.de/10013136590