The paper estimates the impact of exchange rate movements on foreign direct investment (FDI). By using the panel data of Japanese FDI flows to nine dynamic Asian economies during 1987–2008, the paper finds that (i) FDI declined with a depreciation of the yen against host country currencies;...

Admissible consensus analysis and consensualizing controller design problems for high-order linear time-invariant singular swarm systems are investigated. Firstly, by projecting the state of a singular swarm system onto a consensus subspace and a complement consensus subspace, a necessary and...

Consensus analysis and design problems for high-order linear time-invariant swarm systems with time-varying delays are dealt with. First, a consensus subspace and a complement consensus subspace are introduced. By the state projection onto the two subspaces, consensus problems are converted into...

The paper summarizes how Japan’s foreign exchange and trade control system operated in the early 1950s, how and how effectively it was used as a tool of external adjustment, and how it was liberalized from the late 1950s into the early 1960s. Although the Japanese government was extensively...