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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University of Tokyo, Japan

Toru Iwami

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TORU IWAMI

Bibliographic Information

Book Title: Japan in the International Financial System
Authors: Toru Iwami
Series Title: Studies in the Modern Japanese Economy
DOI: https://doi.org/10.1057/9780230372634
Publisher: Palgrave Macmillan London
eBook Packages: Palgrave Economics & Finance Collection, Economics and Finance (R0)
Copyright Information: Palgrave Macmillan, a division of Macmillan Publishers Limited 1995
Hardcover ISBN: 978-0-333-63121-8Published: 27 October 1995
eBook ISBN: 978-0-230-37263-4Published: 27 October 1995
Series ISSN: 2947-3888
Series E-ISSN: 2947-3896
Edition Number: 1
Number of Pages: XVIII, 186
Topics: Macroeconomics/Monetary Economics//Financial Economics, International Economics

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Table of contents (6 chapters)

Front Matter

The Bretton Woods System as a Gold Exchange Standard

Japan’s Experiences under the Bretton Woods System

Removing Capital Controls: The Japanese Case

Internationalization of Japanese Banking

The Internationalization of the Yen, and Key Currency Questions

Indebtedness and Hegemony: International Financial Relations after the Oil Crises

Back Matter

About this book