Download or read book The Land of the Rising Yen Japan written by George Mikes and published by . This book was released on 1970 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Land of the Rising Yen written by George Mikes and published by . This book was released on 1970-07 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Rising Yen written by Richard S. Thorn and published by Institute of Southeast Asian Studies. This book was released on 1987 with total page 145 pages. Available in PDF, EPUB and Kindle. Book excerpt: Japan has become the world's second largest economy and the number one exporter of financial capital. Tokyo has taken its place as a first-tier financial centre alongside London and New York. This study analyses the far-reaching effects of these developments on both Japan and the world capital markets.
Download or read book Princes of the Yen written by Richard Werner and published by Routledge. This book was released on 2015-03-04 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: This eye-opening book offers a disturbing new look at Japan's post-war economy and the key factors that shaped it. It gives special emphasis to the 1980s and 1990s when Japan's economy experienced vast swings in activity. According to the author, the most recent upheaval in the Japanese economy is the result of the policies of a central bank less concerned with stimulating the economy than with its own turf battles and its ideological agenda to change Japan's economic structure. The book combines new historical research with an in-depth behind-the-scenes account of the bureaucratic competition between Japan's most important institutions: the Ministry of Finance and the Bank of Japan. Drawing on new economic data and first-hand eyewitness accounts, it reveals little known monetary policy tools at the core of Japan's business cycle, identifies the key figures behind Japan's economy, and discusses their agenda. The book also highlights the implications for the rest of the world, and raises important questions about the concentration of power within central banks.
Download or read book The Japanese Yen as an International Currency written by Mr.George S. Tavlas and published by International Monetary Fund. This book was released on 1991-01-01 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: The role of the Japanese yen as an international currency is assessed. It is found that the determinants of international-currency use imply some increase for the yen’s use in international finance; however, the implications for the yen’s use in international trade are mixed. It is also shown that, despite Japan’s emergence as the world’s largest net creditor nation, Japan’s capital outflows have not significantly facilitated the yen’s internationalization. Data are presented showing that, although the yen’s use as an international currency has increased, it is still rather modest. Wider use of the yen as a regional currency in Asia has occurred, though a “yen-zone” does not appear to be emerging.
Download or read book Anatomy of Sudden Yen Appreciations written by Mr.Fei Han and published by International Monetary Fund. This book was released on 2019-07-01 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: The yen is an important barometer for the Japanese economy. Depreciations are typically associated with favorable economic developments such as increased corporate profits, rising equity prices, and upward pressure on domestic consumer prices. On the other hand, large and sharp appreciations run the risk of lowering actual and expected inflation, squeezing corporate profits, generating a negative wealth effect through depressed equity prices, and reducing confidence in the Bank of Japan’s efforts to reflate the domestic economy and achieve the inflation target. This paper takes a closer look at underlying drivers of rapid yen appreciations, highlighting the key role of carry-trade and the zero lower bound as important amplifiers.
Download or read book The Yo Yo Yen written by B. Brown and published by Springer. This book was released on 2002-05-01 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: The violent fluctuations of the Japanese yen through the 1980s and 1990s have played a critical role in Japan's economic decline. Brendan Brown highlights the causes of the yen's bizzare behaviour, and analyses the consequences for the Japanese and global economies. Through this analysis he presents an original hypothesis, linking the periodic sharp upswings of the Yen to poor economic performance and offers a new view as to where the responsibility for failure of the Japanese currency market to function normally lies.
Download or read book The Weight of the Yen written by R. Taggart Murphy and published by W. W. Norton & Company. This book was released on 1997 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discusses how America went from being the world's largest creditor to world's largest debtor in the eight years between 1980 and 1988, due to excessive borrowing from Japan during the Reagan presidency.
Download or read book The Curious Case of the Yen as a Safe Haven Currency written by Mr.Dennis P. J. Botman and published by International Monetary Fund. This book was released on 2013-11-06 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: During risk-off episodes, the yen is a safe haven currency and on average appreciates against the U.S. dollar. We investigate the proximate causes of yen risk-off appreciations. We find that neither capital inflows nor expectations of the future monetary policy stance can explain the yen’s safe haven behavior. In contrast, we find evidence that changes in market participants’ risk perceptions trigger derivatives trading, which in turn lead to changes in the spot exchange rate without capital flows. Specifically, we find that risk-off episodes coincide with forward hedging and reduced net short positions or a buildup of net long positions in yen. These empirical findings suggest that offshore and complex financial transactions should be part of spillover analyses and that the effectiveness of capital flow management measures or monetary policy coordination to address excessive exchange rate volatility might be limited in certain cases.
Download or read book Coping With the Rising Yen written by Thomas Klitgaard and published by . This book was released on 2007 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite an appreciating yen, Japanese firms have managed to maintain strong export sales growth during the first half of the 1990s. Their strategies? Cutting the yen price of exports and shifting production to higher-value merchandise.
Download or read book External Adjustment and the Strong Yen written by International Monetary Fund and published by International Monetary Fund. This book was released on 1988-08-09 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: The parameters of a conventional model of Japan’s current account were found to be stable in the period of the steeply rising yen between the fourth quarter of 1985 and the end of 1987. This suggests that Japan’s current account has been adjusting to the strengthening yen in accordance with established historical relationships—a conclusion that is substantiated by the model’s reasonably accurate tracking of the current account in this period. Furthermore, simulations of the model show that the rise in the yen has already made a substantial contribution to correcting Japan’s external imbalance.
Download or read book Dollar and Yen written by Ronald I. McKinnon and published by MIT Press. This book was released on 1997 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dollar and Yen analyzes the friction between the United States and Japan from the viewpoint of exchange rate economics. From the mid-1950s to the early 1990s, Japan grew faster than any other major industrial economy, displacing the United States in dominance of worldwide manufacturing markets. In the 1970s and 1980s, many books appeared linking the apparent decline of the United States in the world economy to unfair Japanese practices that closed the Japanese market to a wide range of foreign goods. Dollar and Yen analyzes the friction between the United States and Japan from the viewpoint of exchange rate economics. The authors argue against the prevailing view that the trade imbalance should be corrected by dollar depreciation, saying that adjustment through the exchange rate is both ineffective and costly. Stepping outside the traditional dichotomy between international trade and international finance, they link the yen's tremendous appreciation from 1971 to mid-1995 to mercantile pressure from the United States arising from trade tensions between the two countries. Although sometimes resisted by the Bank of Japan, this yen appreciation nevertheless forced unwanted deflation on the Japanese economy after 1985--resulting in two major recessions (endaka fukyos). The authors argue for relaxing commercial tensions between the two countries, and for limiting future economic downturns, by combining a commercial compact for mutual trade liberalization with a monetary accord for stabilizing the yen-dollar exchange rate.
Download or read book The Elasticities of the Japanese Economy and a CGE Analysis of the Impact of the Rising Yen on the Japanese Economy written by and published by . This book was released on 1994 with total page 87 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Princes of the Yen written by Richard Werner and published by Routledge. This book was released on 2015-03-04 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: This eye-opening book offers a disturbing new look at Japan's post-war economy and the key factors that shaped it. It gives special emphasis to the 1980s and 1990s when Japan's economy experienced vast swings in activity. According to the author, the most recent upheaval in the Japanese economy is the result of the policies of a central bank less concerned with stimulating the economy than with its own turf battles and its ideological agenda to change Japan's economic structure. The book combines new historical research with an in-depth behind-the-scenes account of the bureaucratic competition between Japan's most important institutions: the Ministry of Finance and the Bank of Japan. Drawing on new economic data and first-hand eyewitness accounts, it reveals little known monetary policy tools at the core of Japan's business cycle, identifies the key figures behind Japan's economy, and discusses their agenda. The book also highlights the implications for the rest of the world, and raises important questions about the concentration of power within central banks.
Download or read book Yen written by Daniel Burstein and published by Ballantine Books. This book was released on 1990 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: A single Japanese company, Nippon Telegraph & Telephone, is worth more than IBM, AT&T, General Motors and G.E. combined. All of the world's largest banks are Japanese. These and other fascinating facts detail a subject vital to America.
Download or read book Whisky Rising written by Stefan Van Eycken and published by Cider Mill Press. This book was released on 2017-04-04 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: "There isn't another guide on the market like it."--Jim Meehan, author of The PDT Cocktail Book. The first, most definitive guide to the exciting revolution happening in the world of Japanese whisky! "Japanese single malts have achieved cult status around the world," wrote Eric Asimov in the New York Times. Indeed, Japanese whiskies have become some of the most sought after and highly valued whiskies in the world. They have blended and melded traditional Scotch and American methods with new ideas, and imbued the whisky with exotic flavors from local Japanese woods to make a unique and signature product that not only rings true of whisky, but also speaks to Japanese terroir. In international competitions they have bested the traditional producer, and they have become absolutely the object of affection in the distilled spirits world! Now here in Whisky Rising, whisky authority and Japanese whisky expert Stefan Van Eycken takes you on a guided tour to some of the most coveted whiskies in the world. This elegant book includes: *Fascinating interviews and profiles with the most celebrated distillers and blenders *Behind-the-scenes look into past and present distilleries *An insider's guide to the best whisky bars *How to drink whisky properly and cocktail recipes *Tasting notes and reviews of THE best Japanese whiskies
Download or read book Yasukuni Fundamentalism written by Mark R. Mullins and published by University of Hawaii Press. This book was released on 2021-07-31 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although religious fundamentalism is often thought to be confined to monotheistic “religions of the book,” this study examines the emergence of a fundamentalism rooted in the Shinto tradition and considers its role in shaping postwar Japanese nationalism and politics. Over the past half-century, the Liberal Democratic Party (LDP) and the National Association of Shrines (NAS) have been engaged in collaborative efforts to “recover” or “restore” what was destroyed by the process of imperialist secularization during the Allied Occupation of Japan. Since the disaster years of 1995 and 2011, LDP Diet members and prime ministers have increased their support for a political agenda that aims to revive patriotic education, renationalize Yasukuni Shrine, and revise the constitution. The contested nature of this agenda is evident in the critical responses of religious leaders and public intellectuals, and in their efforts to preserve the postwar gains in democratic institutions and prevent the erosion of individual rights. This timely treatment critically engages the contemporary debates surrounding secularization in light of postwar developments in Japanese religions and sheds new light on the role religion continues to play in the public sphere.
