The Real Price of Japanese Money by Rtaggart Murphy

The Real Price of Japanese Money by Rtaggart Murphy

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Summary

This text tells the story of how postwar Japan accumulated its vast surplus, of Japanese financial strategy, of the powerful business alliances and affiliations, and of America's desperate need in 1981 for credit.

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The Real Price of Japanese Money by Rtaggart Murphy

As an investment banker in Tokyo in the 1980s,Taggart Murphy had a ringside viewof one of the greatest transfers of credit in history as,in seven short years between 1981 and 1988, America turned itself from the world's greatest creditor nation to the world's debtor. The real price of Japanese Money tells the story of how postwar Japan accumulated its vast surplus; of Japanese financial strategy, and why the Japanese do not give up overseas markets even when they are losing money; of thepowerful business alliances and affiliation in which loyalty is exchanged for security and protaction;of the conditions of life for the ordinary Japanese; of America's desperste need in 1981 for credit, as the new Reagan government cuttaxes but not spending;of the 1987 stock market crash, as Japanese investors sawno end to the dollar depreciation; of Japan's 'bubble economy'
SKU Unavailable
ISBN 13 9780297817635
ISBN 10 0297817639
Title The Real Price of Japanese Money
Author R Taggart Murphy
Condition Unavailable
Binding Type Hardback
Publisher Orion Publishing Co
Year published 1996-03-11
Number of pages 352
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.