The Japanese Yen as an International Currency /

The role of the Japanese yen as an international currency is assessed. It is found that the determinants of international-currency use imply some increase for the yen's use in international finance; however, the implications for the yen's use in international trade are mixed. It is also sh...

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Tác giả chính: Tavlas, George
Tác giả khác: Ozeki, Yusuru
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 1991.
Loạt:IMF Working Papers; Working Paper ; No. 1991/002
Truy cập trực tuyến:Full text available on IMF
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100 1 |a Tavlas, George. 
245 1 4 |a The Japanese Yen as an International Currency /  |c George Tavlas, Yusuru Ozeki. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1991. 
300 |a 1 online resource (62 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a The role of the Japanese yen as an international currency is assessed. It is found that the determinants of international-currency use imply some increase for the yen's use in international finance; however, the implications for the yen's use in international trade are mixed. It is also shown that, despite Japan's emergence as the world's largest net creditor nation, Japan's capital outflows have not significantly facilitated the yen's internationalization. Data are presented showing that, although the yen's use as an international currency has increased, it is still rather modest. Wider use of the yen as a regional currency in Asia has occurred, though a 'yen-zone' does not appear to be emerging. 
538 |a Mode of access: Internet 
700 1 |a Ozeki, Yusuru. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1991/002 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1991/002/001.1991.issue-002-en.xml  |z IMF e-Library