TITLE

From a Supporter to a Challenger? Japan's Currency Leadership in Dollar-Dominated East Asia at the Brink of Financial Collapse

AUTHOR(S)
Murphy, R. Taggart
PUB. DATE
October 2008
SOURCE
Asia-Pacific Journal: Japan Focus;10/6/2008, Issue 40, p4
SOURCE TYPE
Periodical
DOC. TYPE
Editorial
ABSTRACT
The author offers insights on the currency leadership of Japan in dollar-denominated East Asia at the brink of the financial crisis. He questions why Japan would rather continue to support the dollar-denominated East Asia than replacing the dollar with yen as the pre-eminent currency in the region. He argues that a currency cannot be internationalized or widely used overseas unless it is available in sufficient quantities.
ACCESSION #
34986339

 

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