Japan, Europe, and international financial markets
Rama V. Ramachandran
Richard M. Levich
Ryūzō Satō
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Relations Économiques Extérieures Finances Internationales Internationale Economische Betrekkingen
The deregulation of financial markets in the 1980s brought about not only a qualitative change in their operation, but also a greater integration among these markets. Many fear the new freedom has contributed to a greater instability in individual markets.