Conquering the Fear of Freedom
Subtitle: Japanese Exchange Rate Policy Since 1945
Publisher: Oxford University Press
Published: 2015
Language: eng
Number of pages: 320
ISBN-13: 9780198714651
Subjects: Monetary policy, japan; Foreign exchange rates; Japan, economic policy
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.