The Japanese Yen as an International Currency: Performance and Prospects

The Japanese Yen as an International Currency: Performance and Prospects
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日元作为国际货币:表现与前景

DOI:
10.1007/978-1-4615-6267-2_11
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发表时间:
1996
影响因子:
2.9
通讯作者:
M. Kawai
M. Kawai
中科院分区:
经济学4区
文献类型:
--
作者:
M. Kawai

文献摘要

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第二次世界大战结束后,日本经济的高速增长,使日本在世界经济中的比重急剧上升,这主要体现在日本在世界GDP、贸易和资本流动中所占的比重上。日本还成为世界上最大的净债权国,在1980年代后半期和1990年代初积累了可观的经常账户盈余。因此,自20世纪80年代中期以来,日元大幅升值。
The rapid growth of the Japanese economy since the end of World War Two has sharply increased Japan’s weight in the world economy as measured, for example, by its proportions of world GDP, trade and capital movements. Japan has also emerged as the world’s largest net creditor country, having accumulated sizable current account surpluses in the second half of the 1980s and early 1990s. As a result the Japanese yen has appreciated dramatically since the mid-1980s.