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Japan's dramatic transformation from economic success to economic stagnation offers important policy lessons to … trends experienced by Japan? This judicious volume investigates in depth the causes of Japan's 'lost decades' versus the real … differences between the Korean and Japanese economies, and examine policy measures taken by Japan during the lost decades. From …
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For China this suggests starting with a modest band widening and a limited increase in flexibility, and not with a … two decades of pegging at 360 yen, Japan decoupled from the dollar on August 1971 and then repegged at a revalued rate of …We analyze the impact of Japan's exit from its peg on exports and investment. The results point to sizeable effects of …
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two decades of pegging at 360 yen, Japan decoupled from the dollar on August 1971 and then repegged at a revalued rate of … to recent Chinese policy initiatives.We analyze the impact of Japan's exit from its peg on exports and investment. The … profits and damage investment. For China this suggests starting with a modest band widening and a limited increase in …
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This paper reports evidence on the characteristics of fixed and flexible exchange rate regimes. It contrasts experience under three interwar exchange rate regimes: the free float of the early 1920s, the fixed rates of 1927-31, and the managed float of the early 1930s. A number of important...
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