Showing 1 - 3 of 3
How did Japan become so cheap?
Oped, Takatoshi Ito, Published on 09/03/2022
» Every month, the Bank for International Settlements calculates and publishes the real and nominal effective exchange rates for major currencies. The most recent data, released in mid-February, contained a shock for Japan. They show that the yen's real effective exchange rate (Reer, representing roughly the purchasing power of the currency) is now as low as it was in the early 1970s when the yen was first floated following the collapse of the Bretton Woods and Smithsonian systems of fixed exchange rates.
Time for a Seoul-Tokyo peace pact
Asia focus, Erich Parpart, Published on 12/08/2019
» I love kimchi and I love ramen. I love the bushido way of life and Japanese humility, and I love South Koreans' resilience and devotion to education that helped them lift their country from poverty after World War II to become an Asian economic powerhouse. And in my opinion, both South Koreans and Japanese are among the nicest people in the world.
Life, rerouted
Life, Melalin Mahavongtrakul, Published on 03/06/2019
» When news came that a bridge outside my office would be undergoing construction for two years, I died a little on the inside.