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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 … arrangement. Seen from the foreign economic relations, it is not possible for Japan to own a key-currency independent from the U …
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Intro -- Contents -- List of Illustrations -- Preface -- Introduction: The Story of the Euro -- Chapter 1 Blood and Gold -- Chapter 2 At the Epicentre -- Chapter 3 Tyranny of the Mark -- Chapter 4 The Coming Trial -- Chapter 5 Shock Waves -- Chapter 6 Europe's Destiny -- Chapter 7 Coping with...
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looking at the issues of monetary movement around the world, this book shows that there are clearly visible patterns behind ….S. Dollar Go? -- Chapter 23. Where will Chinese Yuan Go? -- Chapter 24. Avoiding Currency Wars with a Single World Currency? …
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The scholarly debate on currency internationalization focuses on country characteristics and policies as the main determinants in currency competition. However, this literature has neglected the fact that, given the intertwined nature of the international monetary system, other countries'...
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This study divides the world into currency zones according to the co-movement of each currency with the key currencies … dollar zone. In such a world, the rise of another large economy poses the question not of relative size but rather of re …
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