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The Weight Of The Yen Book

The Weight Of The Yen
The Weight Of The Yen, In eight years from 1980 to 1988, America fell from financial grace, becoming the world's largest debtor. This happened because the United States spent and Japan saved. In the early 1980s, Reagan's Washington discovered that Japan would cheerfully lend th, The Weight Of The Yen has a rating of 5 stars
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The Weight Of The Yen, In eight years from 1980 to 1988, America fell from financial grace, becoming the world's largest debtor. This happened because the United States spent and Japan saved. In the early 1980s, Reagan's Washington discovered that Japan would cheerfully lend th, The Weight Of The Yen
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  • The Weight Of The Yen
  • Written by author R. Taggart Murphy
  • Published by Norton, W. W. & Company, Inc., April 1997
  • In eight years from 1980 to 1988, America fell from financial grace, becoming the world's largest debtor. This happened because the United States spent and Japan saved. In the early 1980s, Reagan's Washington discovered that Japan would cheerfully lend th
  • "Murphy draws on an impressive array of skills and experience in crafting his narrative of America's troubled economic relationship with its largest trading partner."—Clay Chandler, Washington Post Publishers Weekly An American
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Preface

Note on Terms
Introduction: The West Wing and the MOF
I. Lender
1. The Japanese Company: Ownership, Control, and Competition
2. The Credit Decision
3. A Case of National Leverage: The Japanese Economic Miracle
4. Closing the Circle: Exports, Exchange Rates, and the 1970s
II. Lending
5. Weak Claims: Japanese Finance and the American Deficit
6. Units of Account: The Plaza Accord
7. Coping with Endaka: Japan's "Bubble" Economy
8. Saving the World
III. Paying the price
9. Bubble Jeopardy
10. The Turn of the Screw
Conclusion: Seriousness and Accountability
Notes
Index


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