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Achieving Current Account Convertibility: 1949–64

Shinji Takagi

in Conquering the Fear of Freedom: Japanese Exchange Rate Policy since 1945

Published in print:
2015
Published Online:
May 2015
ISBN:
9780198714651
eISBN:
9780191782893
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198714651.003.0002
Subject:
Economics and Finance, Financial Economics, Macro- and Monetary Economics

Chapter 2 reviews Japan’s restrictive system of trade and payments—how it worked and how it was liberalized. The restrictive system was not only conceived as a mechanism to conserve scarce foreign ... More


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