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基本説明
Brown is Director and Head of Research at Tokyo-Mitsubishi International plc, London. He analyses the violent fluctuations of the Japanese yen through the 1980s and 90s and its consequences for the Japanese and global economies.
Full Description
The violent fluctuations of the Japanese yen through the 1980s and 1990s have played a critical role in Japan's economic decline. Brendan Brown highlights the causes of the yen's bizzare behaviour, and analyses the consequences for the Japanese and global economies. Through this analysis he presents an original hypothesis, linking the periodic sharp upswings of the Yen to poor economic performance and offers a new view as to where the responsibility for failure of the Japanese currency market to function normally lies.
Contents
Overview A Brief History of the Yo-Yo Yen Why So Violent? The YEN-EURO-US Dollar Triangle The Yo-Yo Yen Was Not Manufactured in Washington Asian Economies and the Yo-Yo Yen What Could Tame the Yen? Lessons of the Yo-Yo Yen Japan's Ageing Population and the Long-run Future of the Yen