01773cas a2200253 a 4500 AALejournalIMF008371 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451930993 1018-5941 BD-DhAAL BD-DhAAL Tavlas, George. The Japanese Yen as an International Currency / George Tavlas, Yusuru Ozeki. Washington, D.C. : International Monetary Fund, 1991. 1 online resource (62 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students 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. Mode of access: Internet Ozeki, Yusuru. IMF Working Papers; Working Paper ; No. 1991/002 Full text available on IMF http://elibrary.imf.org/view/journals/001/1991/002/001.1991.issue-002-en.xml IMF e-Library