Cover of T. Iwami: Japan in the International Financial System

T. Iwami Japan in the International Financial System

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Palgrave Macmillan UK

1995

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978-0-230-37263-4

0-230-37263-5

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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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