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	<updated>2026-08-14T22:52:50Z</updated>
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	<entry>
		<id>https://wiki.freecapitalists.org/index.php?title=Plaza_Accord&amp;diff=16627</id>
		<title>Plaza Accord</title>
		<link rel="alternate" type="text/html" href="https://wiki.freecapitalists.org/index.php?title=Plaza_Accord&amp;diff=16627"/>
		<updated>2012-10-24T08:47:43Z</updated>

		<summary type="html">&lt;p&gt;Bevmorguson: /* References */&lt;/p&gt;
&lt;hr /&gt;
&lt;div&gt;In the &#039;&#039;&#039;Plaza Accord&#039;&#039;&#039; of 1985, the G-5 powers ([[France]], [[Germany]], [[Japan]], the [[United Kingdom]], and the [[United States]]) agreed to subsidize U.S. exporters by artificially lowering&lt;br /&gt;
the exchange rate of the U.S. dollar. This had improved the profitability of U.S. manufacturers.&lt;br /&gt;
&lt;br /&gt;
The Plaza Accord and the accompanying monetary expansion in [[Japan]] was one of the causes of the [[Japanese asset price bubble]]. To bail out the Japanese manufacturing economy, the [[Reverse Plaza Accord]] was signed in 1995 and initiated another boom.&amp;lt;ref name=&amp;quot;Callahan_Dot&amp;quot;&amp;gt;Gene Callahan and Roger W. Garrison. [http://mises.org/journals/qjae/pdf/qjae6_2_3.pdf &amp;quot;Does Austrian Business Cycle Theory Help Explain the Dot-Com Boom and Bust?&amp;quot;], &#039;&#039;The Quarterly Journal of Austrian Economics&#039;&#039;, Vol. 6, No. 2 (Summer 2003). Referenced 2011-06-22.&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
==References==&lt;br /&gt;
{{Reflist}}&lt;br /&gt;
[http://aresearchpaper.org/ aresearchpaper]&lt;br /&gt;
&lt;br /&gt;
==Links==&lt;br /&gt;
* [http://mises.org/daily/1099 Explaining Japan&#039;s Recession] by Benjamin Powell, November 2002&lt;br /&gt;
* [http://mises.org/journals/aen/aen17_4_1.asp Interview with Hiroyuki Okon], Winter 1997 [http://customwriting.org.uk/custom-essay.php writing services]&lt;br /&gt;
* [http://www.cato.org/pub_display.php?pub_id=6872 The Case Against a New Plaza Accord] by James A. Dorn, December 2006&lt;br /&gt;
* {{wplink}}&lt;br /&gt;
&lt;br /&gt;
[[Category:Interventions]]&lt;br /&gt;
{{Stub}}&lt;/div&gt;</summary>
		<author><name>Bevmorguson</name></author>
	</entry>
	<entry>
		<id>https://wiki.freecapitalists.org/index.php?title=Plaza_Accord&amp;diff=16626</id>
		<title>Plaza Accord</title>
		<link rel="alternate" type="text/html" href="https://wiki.freecapitalists.org/index.php?title=Plaza_Accord&amp;diff=16626"/>
		<updated>2012-10-24T08:47:29Z</updated>

		<summary type="html">&lt;p&gt;Bevmorguson: /* Links */&lt;/p&gt;
&lt;hr /&gt;
&lt;div&gt;In the &#039;&#039;&#039;Plaza Accord&#039;&#039;&#039; of 1985, the G-5 powers ([[France]], [[Germany]], [[Japan]], the [[United Kingdom]], and the [[United States]]) agreed to subsidize U.S. exporters by artificially lowering&lt;br /&gt;
the exchange rate of the U.S. dollar. This had improved the profitability of U.S. manufacturers.&lt;br /&gt;
&lt;br /&gt;
The Plaza Accord and the accompanying monetary expansion in [[Japan]] was one of the causes of the [[Japanese asset price bubble]]. To bail out the Japanese manufacturing economy, the [[Reverse Plaza Accord]] was signed in 1995 and initiated another boom.&amp;lt;ref name=&amp;quot;Callahan_Dot&amp;quot;&amp;gt;Gene Callahan and Roger W. Garrison. [http://mises.org/journals/qjae/pdf/qjae6_2_3.pdf &amp;quot;Does Austrian Business Cycle Theory Help Explain the Dot-Com Boom and Bust?&amp;quot;], &#039;&#039;The Quarterly Journal of Austrian Economics&#039;&#039;, Vol. 6, No. 2 (Summer 2003). Referenced 2011-06-22.&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
==References==&lt;br /&gt;
{{Reflist}}&lt;br /&gt;
&lt;br /&gt;
==Links==&lt;br /&gt;
* [http://mises.org/daily/1099 Explaining Japan&#039;s Recession] by Benjamin Powell, November 2002&lt;br /&gt;
* [http://mises.org/journals/aen/aen17_4_1.asp Interview with Hiroyuki Okon], Winter 1997 [http://customwriting.org.uk/custom-essay.php writing services]&lt;br /&gt;
* [http://www.cato.org/pub_display.php?pub_id=6872 The Case Against a New Plaza Accord] by James A. Dorn, December 2006&lt;br /&gt;
* {{wplink}}&lt;br /&gt;
&lt;br /&gt;
[[Category:Interventions]]&lt;br /&gt;
{{Stub}}&lt;/div&gt;</summary>
		<author><name>Bevmorguson</name></author>
	</entry>
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