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dollar to yen exchange rate history: Fixed or Flexible Exchange Rates? History and Perspectives Marin Muzhani, 2018-05-15 This book compares and contrasts flexible versus fixed exchange rate regimes. Beginning with their theoretical justifications, it showcases their observed advantages and disadvantages as they played out in the currency crises of the 1990s and early 2000s across Asia, Europe and Latin America. An analysis of the drivers and implications of these crises singles out fast-paced liberalization and globalization as having played central roles. Moreover it sheds light on some of the factors contributing to the 2008 financial crisis and the key monetary events in its aftermath. An accessible, yet rigorous discussion, supported by extensive evidence, helps readers reach their own conclusions regarding the respective merits of alternative exchange rate systems. |
dollar to yen exchange rate history: Dollar and Yen Ronald I. McKinnon, Kenichi Ohno, 1997 Dollar and Yen analyzes the friction between the United States and Japan from the viewpoint of exchange rate economics. From the mid-1950s to the early 1990s, Japan grew faster than any other major industrial economy, displacing the United States in dominance of worldwide manufacturing markets. In the 1970s and 1980s, many books appeared linking the apparent decline of the United States in the world economy to unfair Japanese practices that closed the Japanese market to a wide range of foreign goods. Dollar and Yen analyzes the friction between the United States and Japan from the viewpoint of exchange rate economics. The authors argue against the prevailing view that the trade imbalance should be corrected by dollar depreciation, saying that adjustment through the exchange rate is both ineffective and costly. Stepping outside the traditional dichotomy between international trade and international finance, they link the yen's tremendous appreciation from 1971 to mid-1995 to mercantile pressure from the United States arising from trade tensions between the two countries. Although sometimes resisted by the Bank of Japan, this yen appreciation nevertheless forced unwanted deflation on the Japanese economy after 1985--resulting in two major recessions (endaka fukyos). The authors argue for relaxing commercial tensions between the two countries, and for limiting future economic downturns, by combining a commercial compact for mutual trade liberalization with a monetary accord for stabilizing the yen-dollar exchange rate. |
dollar to yen exchange rate history: The Yo-Yo Yen B. Brown, Robert Z. Aliber, 2002-05-01 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. |
dollar to yen exchange rate history: Purchasing Power Parity Fouad Sabry, 2024-02-04 What is Purchasing Power Parity The Purchasing Power Parity (PPP) is a measurement that is used to compare the absolute purchasing power of the currencies of different countries. It is a measure of the price of certain items in different countries. The purchasing power parity (PPP) is essentially the ratio of the price of a basket of goods at one location divided by the price of the same basket of goods at a different location. It is possible for the market exchange rate and the PPP inflation and exchange rate to be different from one another due to the presence of tariffs and other transaction fees. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Purchasing power parity Chapter 2: Per capita income Chapter 3: Exchange rate Chapter 4: Big Mac Index Chapter 5: Tax Chapter 6: IS-LM model Chapter 7: Satisficing Chapter 8: Balassa-Samuelson effect Chapter 9: Fiscal policy Chapter 10: Index (economics) Chapter 11: Penn effect Chapter 12: International dollar Chapter 13: Effective exchange rate Chapter 14: Relative purchasing power parity Chapter 15: Rahn curve Chapter 16: Keynesian economics Chapter 17: International Comparison Program Chapter 18: Microeconomics Chapter 19: Macroeconomics Chapter 20: KFC Index Chapter 21: Neoclassical economics (II) Answering the public top questions about purchasing power parity. (III) Real world examples for the usage of purchasing power parity in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Purchasing Power Parity. |
dollar to yen exchange rate history: A History of the Federal Reserve Allan H. Meltzer, 2010-02-15 Allan H. Meltzer’s critically acclaimed history of the Federal Reserve is the most ambitious, most intensive, and most revealing investigation of the subject ever conducted. Its first volume, published to widespread critical acclaim in 2003, spanned the period from the institution’s founding in 1913 to the restoration of its independence in 1951. This two-part second volume of the history chronicles the evolution and development of this institution from the Treasury–Federal Reserve accord in 1951 to the mid-1980s, when the great inflation ended. It reveals the inner workings of the Fed during a period of rapid and extensive change. An epilogue discusses the role of the Fed in resolving our current economic crisis and the needed reforms of the financial system. In rich detail, drawing on the Federal Reserve’s own documents, Meltzer traces the relation between its decisions and economic and monetary theory, its experience as an institution independent of politics, and its role in tempering inflation. He explains, for example, how the Federal Reserve’s independence was often compromised by the active policy-making roles of Congress, the Treasury Department, different presidents, and even White House staff, who often pressured the bank to take a short-term view of its responsibilities. With an eye on the present, Meltzer also offers solutions for improving the Federal Reserve, arguing that as a regulator of financial firms and lender of last resort, it should focus more attention on incentives for reform, medium-term consequences, and rule-like behavior for mitigating financial crises. Less attention should be paid, he contends, to command and control of the markets and the noise of quarterly data. At a time when the United States finds itself in an unprecedented financial crisis, Meltzer’s fascinating history will be the source of record for scholars and policy makers navigating an uncertain economic future. |
dollar to yen exchange rate history: The 1978 Midyear Review of the Economy United States. Congress. Joint Economic Committee, 1978 |
dollar to yen exchange rate history: International Political Economy Thomas Oatley, 2022-11-30 Broadly viewing the global economy as a political competition that produces winners and losers, International Political Economy holistically and accessibly introduces the field of IPE to students with limited background in political theory, history, and economics. This text surveys major interests and institutions and examines how state and non-state actors pursue wealth and power. Emphasizing fundamental economic concepts as well as the interplay between domestic and international politics, International Political Economy not only explains how the global economy works, it also encourages students to think critically about how economic policy is made in the context of globalization. New to the Seventh Edition Includes the disruptive impact of the pandemic on the global economy. Includes discussion of climate change, the Green New Deal, and Green Industrial Policy. Extended discussion of the impact of great power competition on the global economy and the role weaponized interdependence might play in this competition. Considers the impact that Russia’s invasion of Ukraine will have on globalization. Introduces full color format. |
dollar to yen exchange rate history: Economists and the Financial Markets Brendan Brown, 2006-04-10 This book explores how economists operate effectively in financial markets. Using events as diverse as the Wall Street Crash of 1929 and Japanese earthquake damage the author traces the responses of the market to a variety of financial events. The subjects covered include: * The valuing process * Interpreting the news * The challenges of long term scenarios * The business and growth cycle * The economist as strategist |
dollar to yen exchange rate history: The Handbook of Equity Derivatives Jack Clark Francis, William W. Toy, J. Gregg Whittaker, 1999-11-08 Aktienderivate gehören zu den populärsten Derivatprodukten, die von institutionellen Anlegern gehandelt werden. Ein Aktienderivat ist ein Future oder eine Option auf Aktien oder Aktienindices. Zu den traditionellen Aktienderivaten gehören Optionsscheine, Optionen, Futures und Aktienindexfutures. Das Handbook of Equity ist eine vollständige und umfassende Überarbeitung des ersten und einzigen Buches zu diesem Thema. Herausgegeben von führenden Köpfen der Branche - darunter Nobelpreisträger Fischer Black, John Braddock und Mark Rubenstein - enthält es wichtige neue Informationen zu Aktienindexfutures und -optionen und erweitert die mathematische Diskussion um das Black & Scholes-Modell. (11/99) |
dollar to yen exchange rate history: Devaluation Fouad Sabry, 2024-03-26 What is Devaluation In macroeconomics and modern monetary policy, a devaluation is an official lowering of the value of a country's currency within a fixed exchange-rate system, in which a monetary authority formally sets a lower exchange rate of the national currency in relation to a foreign reference currency or currency basket. The opposite of devaluation, a change in the exchange rate making the domestic currency more expensive, is called a revaluation. A monetary authority maintains a fixed value of its currency by being ready to buy or sell foreign currency with the domestic currency at a stated rate; a devaluation is an indication that the monetary authority will buy and sell foreign currency at a lower rate. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Devaluation Chapter 2: Currency Chapter 3: Gold standard Chapter 4: Exchange rate Chapter 5: Hong Kong dollar Chapter 6: Balance of payments Chapter 7: Bretton Woods system Chapter 8: Currency board Chapter 9: Indian rupee Chapter 10: Mexican peso crisis Chapter 11: Foreign exchange reserves Chapter 12: Impossible trinity Chapter 13: Floating exchange rate Chapter 14: Nixon shock Chapter 15: Revaluation Chapter 16: Currency intervention Chapter 17: Fixed exchange rate system Chapter 18: London Gold Pool Chapter 19: Currency war Chapter 20: International use of the U.S. dollar Chapter 21: Fear of floating (II) Answering the public top questions about devaluation. (III) Real world examples for the usage of devaluation in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Devaluation. |
dollar to yen exchange rate history: International Finance And Open-economy Macroeconomics: Theory, History, And Policy (2nd Edition) Hendrik Van Den Berg, 2016-02-22 International Finance and Open-Economy Macroeconomics provides a complete theoretical, historical, and policy-focused account of the international financial system that covers all of the standard topics, such as foreign exchange markets, balance of payments accounting, macroeconomic policy in an open economy, exchange rate crises, multinational enterprises, and international financial markets. The book uses the 1944 Bretton Woods Conference as a unifying theme to relate the many controversial issue. It is written in a lively manner to bring real world events into the discussion of all of the concepts, topics, and policy issues. There is also emphasis on the history of economic thought in order to explain how economists in different time periods dealt with international financial issues. |
dollar to yen exchange rate history: Currency Strategy Callum Henderson, 2003-04-11 Expert advice and timely techniques for surviving and thrivingwithin currency markets Rapid movements in currency markets have been a common occurrencein recent years, often to the detriment of traders and investors.The ability to manage these fluctuations is essential for safe andsuccessful investment in these markets. Currency Strategy developsnew techniques and explains classic tools available for predicting,managing, and optimizing fluctuations in the currency markets.Author Callum Henderson shows readers how traditional macroeconomictheory has repeatedly failed in the face of practical experience inthese markets and develops a new approach based on experience. Hedraws on the technical expertise of his bank to developmathematical models to assist in the prediction of crises and givespractical advice on how to use these and other tools successfully. |
dollar to yen exchange rate history: Handbook of Exchange Rates Jessica James, Ian Marsh, Lucio Sarno, 2012-05-29 Praise for Handbook of Exchange Rates “This book is remarkable. I expect it to become the anchor reference for people working in the foreign exchange field.” —Richard K. Lyons, Dean and Professor of Finance, Haas School of Business, University of California Berkeley “It is quite easily the most wide ranging treaty of expertise on the forex market I have ever come across. I will be keeping a copy close to my fingertips.” —Jim O’Neill, Chairman, Goldman Sachs Asset Management How should we evaluate the forecasting power of models? What are appropriate loss functions for major market participants? Is the exchange rate the only means of adjustment? Handbook of Exchange Rates answers these questions and many more, equipping readers with the relevant concepts and policies for working in today’s international economic climate. Featuring contributions written by leading specialists from the global financial arena, this handbook provides a collection of original ideas on foreign exchange (FX) rates in four succinct sections: • Overview introduces the history of the FX market and exchange rate regimes, discussing key instruments in the trading environment as well as macro and micro approaches to FX determination. • Exchange Rate Models and Methods focuses on forecasting exchange rates, featuring methodological contributions on the statistical methods for evaluating forecast performance, parity relationships, fair value models, and flow–based models. • FX Markets and Products outlines active currency management, currency hedging, hedge accounting; high frequency and algorithmic trading in FX; and FX strategy-based products. • FX Markets and Policy explores the current policies in place in global markets and presents a framework for analyzing financial crises. Throughout the book, topics are explored in-depth alongside their founding principles. Each chapter uses real-world examples from the financial industry and concludes with a summary that outlines key points and concepts. Handbook of Exchange Rates is an essential reference for fund managers and investors as well as practitioners and researchers working in finance, banking, business, and econometrics. The book also serves as a valuable supplement for courses on economics, business, and international finance at the upper-undergraduate and graduate levels. |
dollar to yen exchange rate history: The Periphery of the Euro Philippe De Lombaerde, 2017-11-30 This book analyzes the monetary and exchange rate policies in Eastern European countries not covered by the current EU enlargement process. Specifically the book examines the major CIS countries: Belarus, Kazakhstan, Russia and the Ukraine. (The new Eastern European EU members are also frequently referenced for comparison purposes.) Current and prospective monetary policy options are considered and the applicability of the EU monetary integration experience for the CIS countries and the prospects of a monetary re-unification around the Russian Federation are assessed. This is the first book to formally deal with many of these questions. |
dollar to yen exchange rate history: The Japanese Yen as an International Currency Mr.George S. Tavlas, Yusuru Ozeki, 1991-01-01 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. |
dollar to yen exchange rate history: Asian Economic Cooperation in the New Millennium Calla Wiemer, Heping Cao, American Committee on Asian Economic Studies, 2004 This volume is the outgrowth of a conference held at Peking University in May 2002, jointly sponsored by the American Committee on Asian Economic Studies, the Peking University School of Economics, and the China Reform Forum. The contributors include leading scholars from Asia as well as specialists on Asia from the US, Europe, and Australia. The book delves into issues of trade and investment, exchange rates and macroeconomic policy, and preferential trade agreements and other forms of economic cooperation. The overall message is one of regional dynamism animated by concerted efforts to build a favorable institutional environment. China is a great motivating force in this dynamism and a key player in the development of regional agreements. |
dollar to yen exchange rate history: International Business K. Praveen Parboteeah, John B. Cullen, Sahrok Kim, 2024-01-23 International Business: Perspectives from Developed and Emerging Markets provides students with a balanced perspective on business in a global environment, exploring implications for multinational companies in developed and emerging markets. This is the first text of its kind to emphasize strategic decision-making as the cornerstone of its approach while focusing on emerging markets. Traditional topics, like foreign exchange markets and global competition, are contrasted with emerging operations, like Chinese market intervention and Islamic finance, to provide students with an understanding of successful business strategy. Readers learn to develop and implement these strategies across cultures and across economic, legal, and religious institutions in order to cope with competitive players in the global landscape. Application-based chapters open with reading goals and conclude with case studies and discussion questions to encourage a practical understanding of strategy. This third edition has been thoroughly updated to reflect the latest developments in the field, and includes a host of new features, including: • Regular boxed features on responding to crises. • Regular boxed features on diversity and inclusion. • New chapter on international entrepreneurship. With in-depth analyses and recommended strategies, this edition provides students of international business with the skills they need for success on the global stage. A companion website features an instructor’s manual, test bank, PowerPoint slides, and useful links for instructors as well as practice quizzes, flashcards, and web resources for students. |
dollar to yen exchange rate history: Big Mac Index Fouad Sabry, 2024-02-02 What is Big Mac Index Since 1986, The Economist has been publishing a price index known as the Big Mac Index. This index serves as an informal method of evaluating the purchasing power parity (PPP) between two currencies. Additionally, it serves as a test of the extent to which market exchange rates result in commodities costing the same in different nations. Essentially it seeks to make exchange-rate theory a bit more digestible. Through the use of this index, the relative cost of purchasing a Big Mac, which is a hamburger that is sold in McDonald's restaurants, is compared across the globe. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Big Mac Index Chapter 2: Inflation Chapter 3: Fast-food restaurant Chapter 4: Purchasing power parity Chapter 5: Exchange rate Chapter 6: Big Mac Chapter 7: Balassa-Samuelson effect Chapter 8: Index (economics) Chapter 9: Law of one price Chapter 10: Penn effect Chapter 11: Marshall-Lerner condition Chapter 12: McDonald's Chapter 13: Revaluation Chapter 14: International dollar Chapter 15: Christmas Price Index Chapter 16: Currency intervention Chapter 17: Relative purchasing power parity Chapter 18: Fast food in China Chapter 19: Russian financial crisis (2014-2016) Chapter 20: KFC Index Chapter 21: Hyperinflation in Venezuela (II) Answering the public top questions about big mac index. (III) Real world examples for the usage of big mac index in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Big Mac Index. |
dollar to yen exchange rate history: Multinational Financial Management Alan C. Shapiro, Paul Hanouna, 2019-12-12 The eleventh edition of Multinational Financial Management is a comprehensive survey of the essential areas of the international financial market environment, including foreign exchange and derivative markets, risk management, and international capital markets and portfolio investment. Designed for upper-level undergraduate and masters-level courses in international finance and management, this textbook offers readers a conceptual framework for analyzing key financial decisions of multinational firms. The authors both explain and simplify multinational financial management by illustrating how its basic principles share the same foundation as domestic corporate finance. Assuming no prior knowledge of international economics or finance, this substantially revised new edition builds upon the fundamental principles of domestic financial management to examine the unique dimensions of international finance. Readers are presented with a solid theoretical knowledgebase for examining decision problems, as well as practical analytical techniques that clarify the often-ambiguous guidelines used by international financial executives. All the traditional areas of corporate finance are explored from the perspective of a multinational corporation, focusing on elements rarely encountered in domestic finance such as multiple currencies, segmented capital markets, and political risks of nationalization or expropriation. |
dollar to yen exchange rate history: The Economic History of Japan, 1600-1990: Economic history of Japan, 1914-1955 : a dual structure Takafusa Nakamura, Akira Hayami, Kōnosuke Odaka, 2003 This volume covers the first half of the 20th century when Japan's economic modernization brought the country into the circle of world powers between the two world wars. |
dollar to yen exchange rate history: Changes in Exchange Rates in Rapidly Developing Countries Takatoshi Ito, Anne O. Krueger, 2007-12-01 The exchange rate is a crucial variable linking a nation's domestic economy to the international market. Thus choice of an exchange rate regime is a central component in the economic policy of developing countries and a key factor affecting economic growth. Historically, most developing nations have employed strict exchange rate controls and heavy protection of domestic industry-policies now thought to be at odds with sustainable and desirable rates of economic growth. By contrast, many East Asian nations maintained exchange rate regimes designed to achieve an attractive climate for exports and an outer-oriented development strategy. The result has been rapid and consistent economic growth over the past few decades. Changes in Exchange Rates in Rapidly Developing Countries explores the impact of such diverse exchange control regimes in both historical and regional contexts, focusing particular attention on East Asia. This comprehensive, carefully researched volume will surely become a standard reference for scholars and policymakers. |
dollar to yen exchange rate history: The Uses of Institutions: The U.S., Japan, and Governance in East Asia G. Ikenberry, T. Inoguchi, 2007-02-19 This book explores the ways that institutions play a role - or fail to - in Japanese and American approaches to regional governance in East Asia. It uses recent studies on the logic and dynamics of institutions to determine the logic of order within the East Asia region. The central focus is on bilateral and multilateral regional institutions. |
dollar to yen exchange rate history: Knowledge-Based Intelligent Information and Engineering Systems 1 Mircea Gh. Negoita, Robert J. Howlett, L. C. Jain, 2004-09-17 Annotation The three-volume set LNAI 3213, LNAI 3214, and LNAI 3215 constitutes the refereed proceedings of the 8th International Conference on Knowledge-Based Intelligent Information and Engineering Systems, KES 2004, held in Wellington, New Zealand in September 2004. The over 450 papers presented were carefully reviewed and selected from numerous submissions. The papers present a wealth of original research results from the field of intelligent information processing in the broadest sense; among the areas covered are artificial intelligence, computational intelligence, cognitive technologies, soft computing, data mining, knowledge processing, various new paradigms in biologically inspired computing, and applications in various domains like bioinformatics, finance, signal processing etc. |
dollar to yen exchange rate history: Fighting Financial Crime in the Global Economic Crisis Nicholas Ryder, Umut Turksen, Sabine Hassler, 2014-10-30 Many commentators, regulatory agencies and politicians have blamed the risky behaviour of both financial institutions and their actors for the collapse of the United States sub-prime mortgage market which in turn precipitated the global 'Credit Crunch'. This edited volume explores how financial crime played a significant role in the global economic crisis. The volume features contributions from internationally renowned academic and practitioner experts in the field who pinpoint some of the most important facets of financial crime which have emerged over recent years. Key subjects include: the possibility of criminalising reckless risk-taking on the financial markets; the duty of banks to prevent money-laundering and corruption; the growth of the Shadow Banking System; and the manipulation of LIBOR by banks. The book illustrates the global nature of financial crime, and highlights the complex relationships between regulatory bodies, law enforcement agencies and private actors in the attempt to limit the harmful effect of white collar crime on the stability of the financial sector. This book will be of great use and interest to scholars, practitioners and students within the field of financial crime, banking and finance law, and international political economy. |
dollar to yen exchange rate history: The ... Midyear Review of the Economy United States. Congress. Joint Economic Committee, 1978 |
dollar to yen exchange rate history: Floating Exchange Rates at Fifty MAURICE OBSTFELD, Douglas A. Irwin, 2024-04-15 Fifty years ago, in March 1973, the major industrial economies abandoned fixed exchange rates, conclusively ending the post–World War II Bretton Woods arrangements. Proponents believed their action would strengthen countries' ability to reconcile domestic macroeconomic policies with the balance of payments. But opponents feared it would initiate a new era of instability and financial shocks. Since 1973, much of the world has moved away from fixed exchange rates to a variety of regimes based on considerable exchange rate flexibility. But international trade conflicts and unstable capital flows, along with a rise in financial crises around the world, have nonetheless accompanied the global shift away from exchange rate pegs. How has the international monetary system performed over the past half century? What have we learned from the experience of more flexible exchange rates? What has been the impact on macroeconomic and financial stability in the years since? This book derives from papers delivered at a conference that brought together leading economists and policymakers to debate and discuss these questions, as well as to assess the evolution of the international monetary system, the dominance of the US dollar, and the role of exchange rate regimes in shaping the world economy. |
dollar to yen exchange rate history: Financial Markets and Economic Performance John E. Silvia, 2021-07-31 Effective decision making requires understanding of the underlying principles of financial markets and economics. Intellectually, economics and financial markets are genetically intertwined although when it comes to popular commentary they are treated separately. In fact, academic economic thinking appears separate from financial market equity strategy in most financial market commentary. Historically, macroeconomics tended to assume away financial frictions and financial intermediation whereas financial economists did not necessarily consider the negative macroeconomic spill overs from financial market outcomes. In more recent years, the economic discipline has gone through a serious self-reflection after the global crisis. This book explores the interplay between financial markets and macroeconomic outcomes with a conceptual framework that combines the actions of investors and individuals. Of interest to graduate students and those professionals working in the financial markets, it provides insight into why market prices move and credit markets interact and what factors participants and policy makers can monitor to anticipate market change and future price paths. |
dollar to yen exchange rate history: Economics Michael Parkin, 1990 |
dollar to yen exchange rate history: Macroeconomic Linkage Takatoshi Ito, Anne O. Krueger, 2009-02-15 This volume explores East Asia's macroeconomic experience in the 1980s and the economic impact of East Asia's growth on the rest of the world. The authors explore the causes of capital flows, changes in trade balances, and exchange rate fluctuations in East Asia and their effects on other countries. These fourteen papers are organized around four themes: the overall determinants of growth and trading relations in the East Asian region; monetary policies in relation to capital controls and capital accounts; the impact of exchange rate behavior on industrial structure; and the potential for greater regional integration. The contributors examine interactions among exchange rate movements, trade balances, and capital flows; how government monetary policy affects capital flows; the effect of exchange rates on industrial structure, inventories, and prices; and the extent of regional integration in East Asia. |
dollar to yen exchange rate history: The Making of Global Capitalism Leo Panitch, Sam Gindin, 2013-10-08 The all-encompassing embrace of world capitalism at the beginning of the twenty-first century was generally attributed to the superiority of competitive markets. Globalization had appeared to be the natural outcome of this unstoppable process. But today, with global markets roiling and increasingly reliant on state intervention to stay afloat, it has become clear that markets and states aren't straightforwardly opposing forces. In this groundbreaking work, Leo Panitch and Sam Gindin demonstrate the intimate relationship between modern capitalism and the American state. The Making of Global Capitalism identifies the centrality of the social conflicts that occur within states rather than between them. These emerging fault lines hold out the possibility of new political movements that might transcend global markets. |
dollar to yen exchange rate history: International Monetary Policy After the Euro Robert A. Mundell, Paul J. Zak, Derek M. Schaeffer, 2005-01-01 This fascinating book, a dialogue by leading economists, offers an extensive review of the impact of the introduction of the euro on the international monetary system. The authors dissect the impact of the euro on living standards in developed and developing countries, the growth of the euro zone, the role of the International Monetary Fund, and the function of gold in the international monetary system. Also discussed is the design of a new international financial architecture and its impact on the wealth of nations. The critique is frank, entertaining, and sometimes conflicting, empowering the reader to draw his or her own conclusions. Offering a comprehensive review, this book will have great appeal for economists, especially those working on international monetary policy and theory. Students will also find this book of value. |
dollar to yen exchange rate history: Japan's Bubble, Deflation, and Long-term Stagnation Kōichi Hamada, A. K. Kashyap, David E. Weinstein, 2011 New perspectives on Japan's lost decade viewed in the context of recent financial turmoil. |
dollar to yen exchange rate history: The New Palgrave Dictionary of Money and Finance John Eatwell, Murray Milgate, Peter Newman, 1992-10-14 The first reference work ever to be awarded the Eccles Prize for Excellence in Economic Writing from Columbia Business School. Continuing in the tradition of The New Palgrave , this 3-volume set provides an unparalleled guide to modern money, banking and finance. In over 1,000 substantial essays by leading academic and professional authorities, it provides the most comprehensive analysis available of contemporary theory and the fast-evolving global monetary and financial framework. In its scope and depth of coverage, it is indispensable for the academic and practitioner alike. |
dollar to yen exchange rate history: Departments of Commerce, Justice, and State, the Judiciary, and Related Agencies Appropriations for 1987: Testimony of members of Congress, interested individuals, and organizations United States. Congress. House. Committee on Appropriations. Subcommittee on the Departments of Commerce, Justice, and State, the Judiciary, and Related Agencies, 1986 |
dollar to yen exchange rate history: Departments of Commerce, Justice, and State, the Judiciary, and related agencies appropriations for 1987 United States. Congress. House. Committee on Appropriations. Subcommittee on the Departments of Commerce, Justice, and State, the Judiciary, and Related Agencies, 1986 |
dollar to yen exchange rate history: International Political Economy Thomas H. Oatley, 2010 Broadly viewing the global economy as a political competition that produces winners and losers, International Political Economy holistically and accessibly introduces the field of IPE to students with limited background in political theory, history, and economics. This text surveys major interests and institutions and examines how state and non-state actors pursue wealth and power. Emphasizing fundamental economic concepts as well as the interplay between domestic and international politics, International Political Economy not only explains how the global economy works; it also encourages students to think critically about how economic policy is made in the context of globalization. |
dollar to yen exchange rate history: Japan's Response to Crisis and Change in the World Economy Michèle Schmiegelow, 2018-10-24 Originally published in 1986, after a period of global changes and financial crisis in the majority of industrialised countries, this book explores how Japan’s economy seemed to maintain its success. This study provides an overview of the Japanese case and the main schools of thought that arose from it by dealing with export-related issues such as reforms in foreign exchange and trade control laws and the internationalisation of Japan’s financial markets as well as more domestic issues such as employment and wages. This title will be of interest to students of Asian Studies and Economics. |
dollar to yen exchange rate history: The Flight of International Capital Brendan Brown, 2017-11-30 Originally published in 1987, The Flight of International Capital provides a fascinating comprehensive analysis of the history of international money movements. Taking 1931 as the turning point between old-style and modern methods of conducting monetary affairs, the book relates currency shifts and investment trends to political events. He deals with five eras in the history of international capital; the unsettled post-crash period 1931-1936; the flight of capital to the US before World War II; the dollar and Swiss Franc’s time as the only ‘hard monies’ till the late fifties; the emergence of the mark-dollar axis before 1971; and finally, the behaviour of floating currencies. |
dollar to yen exchange rate history: The Princeton Encyclopedia of the World Economy. (Two volume set) Kenneth A. Reinert, Ramkishen Rajan, Amy Joycelyn Glass, Lewis S. Davis, 2010-08-02 An essential reference to all facets of the world economy Increasing economic globalization has made understanding the world economy more important than ever. From trade agreements to offshore outsourcing to foreign aid, this two-volume encyclopedia explains the key elements of the world economy and provides a first step to further research for students and scholars in public policy, international studies, business, and the broader social sciences, as well as for economic policy professionals. Written by an international team of contributors, this comprehensive reference includes more than 300 up-to-date entries covering a wide range of topics in international trade, finance, production, and economic development. These topics include concepts and principles, models and theory, institutions and agreements, policies and instruments, analysis and tools, and sectors and special issues. Each entry includes cross-references and a list of sources for further reading and research. Complete with an index and a table of contents that groups entries by topic, The Princeton Encyclopedia of the World Economy is an essential resource for anyone who needs to better understand the global economy. More than 300 alphabetically arranged articles on topics in international trade, finance, production, and economic development International team of contributors Annotated list of further reading with each article Topical list of entries Full index and cross-references Entry categories and sample topics: Concepts and principles: globalization, anti-globalization, fair trade, foreign direct investment, international migration, economic development, multinational enterprises Models and theory: Heckscher-Ohlin model, internalization theory, New Trade Theory, North-South trade, Triffin dilemma Institutions and agreements: European Union, International Monetary Fund, World Trade Organization, World Bank, Doha Round, international investment agreements Policies and instruments: dollar standard, international aid, sanctions, tariffs Analysis and tools: exchange rate forecasting, effective protection, monetary policy rules Sectors and special issues: child labor, corporate governance, the digital divide, health and globalization, illegal drugs trade, petroleum, steel |
dollar to yen exchange rate history: Subject Index of the Modern Works Added to the Library of the British Museum in the Years ... British Museum, 1906 |
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United States dollar - Wikipedia
The United States dollar (symbol: $; currency code: USD [a]) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par …
Currency Exchange Table (US Dollar - USD) - X-Rates
3 days ago · This currency rates table lets you compare an amount in US Dollar to all other currencies.
Dollar | Definition, Denominations, & Facts | Britannica Money
Jun 6, 2025 · dollar, originally, a silver coin that circulated in many European countries; in modern times, the name of the standard monetary unit in the United States, Canada, Australia, New …
USD - US Dollar rates, news, and tools - Xe
The US Dollar is the most commonly converted currency in the world and is regularly used as a benchmark in the Forex market. As the dominant global reserve currency, it is held by nearly …
Dollar - Wikipedia
The quantity of silver chosen in 1792 to correspond to one dollar, namely, 371.25 grains of pure silver, is very close to the geometric mean of one troy pound and one pennyweight. In what …
U.S. Dollar Index (DXY) Overview - MarketWatch
3 days ago · DXY | A complete U.S. Dollar Index (DXY) index overview by MarketWatch. View stock market news, stock market data and trading information.
What Is USD (United States Dollar)? Definition, Uses, Importance
Sep 22, 2024 · The United States dollar, or U.S. dollar, is made up of 100 cents. It is represented by the symbol $ or US$ to differentiate it from other dollar-based currencies.
The U.S. Dollar: Definition, Symbols, Denomination, Currency
May 28, 2021 · The U.S. dollar was first designated as the world's currency in the 1944 Bretton Woods Agreement, and it is the most powerful currency in the world. It's backed by the world's …