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Japan in the International Financial System, PDF eBook

Japan in the International Financial System PDF

Part of the Studies in the Modern Japanese Economy series

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Japan experienced a remarkable growth in international finance, through a series of liberalization measures in the 1980s.

However, her position in the global financial system is still limited, as the reserve currency share of yen illustrates.

Why does such a contrast exist? Historical comparison with Britain and the United States as well as extensive data provide a key to answer the question.

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