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Cover of Conquering the Fear of Freedom

Conquering the Fear of Freedom

Japanese Exchange Rate Policy Since 1945

By Shinji Takagi

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Publish Date

2015

Publisher

Oxford University Press

Language

eng

Pages

320

Description:

'Conquering the Fear of Freedom' presents an analytical review of Japanese exchange rate policy from the end of World War II to the present - how authorities, starting from imposing draconian controls over all international financial flows, moved toward eliminating virtually all state interference regulating foreign exchange transactions, including official intervention in the foreign exchange market. It describes how policy and institutional frameworks evolved, explains their domestic and international contexts, and assesses the impacts and consequences of policy actions.