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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.
Published by: Palgrave Macmillan
Publication Date: 1995-10-27
Format: Hardcover
ISBN-13: 9780333631218
DOI: 10.1057/9780230372634
Dimensions: 216cm x140cm
Pages: 186