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Feb 1, 2003 · "Princes of the Yen" holds significant importance within the field of economic and financial history as an illuminating account of Japan's economic transformation and the role of central banking. Werner's work challenges conventional narratives and offers fresh insights into the complex interactions between monetary policy, political decision-making, and societal outcomes.
Contents. The book is a thorough investigation of the macroeconomic driving forces behind the so-called Lost Decade, when the Japanese economy performed very poorly despite having witnessed many decades of hyper-growth. The book has been hailed by many for having revealed the backroom dealings and secret plannings of the central bankers of ...
- Richard Werner
- 2003
Mar 5, 2015 · This eye-opening book offers a disturbing new look at Japan's post-war economy and the key factors that shaped it. It gives special emphasis to the 1980s and 1990s when Japan's economy experienced vast swings in activity. According to the author, the most recent upheaval in the Japanese economy is the result of the policies of a central bank ...
- Richard A. Werner
- 2002
May 2, 2003 · "Princes of the Yen" surely ranks as one of the most important and astonishing books ever written on economics and modern history. Werner goes an order-of-magnitude further into the detailed workings of the Japanese economic system than Richard Koo's extraordinary book written in 2005 ("The Holy Grail of Macroeconomics").
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- 2002
- Richard A. Werner
Princes of the Yen - Japan's Central Bankers and the Transformation of the Economy. Author - Richard A. Werner. 2nd Complete Edition, including the “long lost last chapter”. Princes of the Yen opens the curtains and shows you how money works, who creates it and how it is deployed to cause boom and bust cycles.
Werner's book Princes of the Yen, about the modern economic development of Japan, including the bubble of the 1990s and subsequent bust, was a number one general bestseller in Japan in 2001. [9] The book covers the monetary policy of the Bank of Japan specifically and central bank informal guidance of bank credit in general. [10]
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Princes of the Yen: Japan's Central Bankers and the Transformation of the Economy - Ebook written by Richard Werner. Read this book using Google Play Books app on your PC, android, iOS devices. Download for offline reading, highlight, bookmark or take notes while you read Princes of the Yen: Japan's Central Bankers and the Transformation of the Economy.