Japanese foreign investment tide reverses
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- Princes of the Yen whole source · open book
In 1991, as the Japanese current account was heading for new record surpluses, topping $90 billion, net long-term capital outflows had suddenly vanished. Japan recorded $40 billion worth of net inflows of long-term capital, the first in more than a decade.
chapter: 8. Mysterious Money: The Ebb and Flow of the Yen
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- Richard Werner author of the source