The Yo-Yo Yen: And the Future of the Japanese Economy

by Brendan Brown (Editor), Robert Z. Aliber (Editor)

The violent fluctuations of the Japanese yen through the 1980s and 1990s have played a critical role in Japan's economic decline. Brendan Brown highlights the causes of the yen's bizzare behaviour, and analyses the consequences for the Japanese and global economies. Through this analysis he presents an original hypothesis, linking the periodic sharp upswings of the Yen to poor economic performance and offers a new view as to where the responsibility for failure of the Japanese currency market to function normally lies.

297 pages, Hardcover

First published May 1, 2002

About the author

Brendan Brown is an international economist practicing in London, UK. He has authored many books on international financial topics, including monetary problems in the US, Europe, and Japan, and asset market pricing (including exchange rates) in a global context. The books cover both contemporary trends and historical topics. He was awarded a PhD by the London School of Economics and an MBA by the University of Chicago. Dr. Brown is a regular contributor to Japanese and European financial media.