The Internationalization of Currencies An Appraisal of the Japanese Yen
A tripolar international monetary system-centered on the U.S. dollar, the deutsche mark, and the yen - appears to be emerging. This paper not only assesses the role of the yen as an international currency but also presents a unified theory of international currency use and distinguishes between the...
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| Format: | eBook |
| Language: | English |
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Washington, D.C.
International Monetary Fund
1992
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| Series: | Occasional Papers
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| Collection: | International Monetary Fund - Collection details see MPG.ReNa |
| Summary: | A tripolar international monetary system-centered on the U.S. dollar, the deutsche mark, and the yen - appears to be emerging. This paper not only assesses the role of the yen as an international currency but also presents a unified theory of international currency use and distinguishes between the roles of a nation as a world banker and as an international financial intermediary |
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| Physical Description: | 63 pages |
| ISBN: | 9781557751973 |