The Internationalization of Currencies : An Appraisal of the Japanese Yen

Author/Editor:

George S Tavlas ; Yusuru Ozeki

Publication Date:

January 15, 1992

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.

Series:

Occasional Paper No. 90

English

Publication Date:

January 15, 1992

ISBN/ISSN:

9781557751973/0251-6365

Stock No:

S090EA0000000

Price:

$15.00 (Academic Rate:$12.00)

Format:

Paper

Pages:

63

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