Princes of the Yen
Where to Watch Princes of the Yen
Princes of the Yen is a compelling 2014 documentary that dives deep into the complex world of economic systemic transformations. Directed by Michael Oswald, the film stars Andrew Piper, Richard Werner, and Noriko Yamagiwa and offers interesting perspectives and thought-provoking interpretations of the post-World War II Japanese economy.
In symbolic terms, Princes of the Yen are the central bankers and key figures in the Japanese institutions. These influential figures are primarily responsible for shaping Japan’s financial landscape and bringing about economic change. They closely controlled the national economic trajectory and pushed for their version of 'reform.' The course of the movie follows their actions and their interplay with Japan's economic ups and downs.
Andrew Piper leaves a lasting impression in the documentary, using his stimulating narration to demystify Japan's complicated and unique economic history. His presentation seeks to illuminate vital aspects of socio-economic factors that have influenced Japan's escalating economic prowess post the World War II period.
On the other hand, Richard Werner, an authority in banking and development economics, also takes a key role in the film. He uses his profound knowledge of economics and banking systems to navigate the audience through the intriguing narratives woven around Japan's period of economic transformation. Werner’s expertise is illustrative as he elucidatively sheds light on how money, credit and the banking systems affect economies.
Finally, Noriko Yamagiwa provides a Japanese perspective based on her broad knowledge of the nation's economy and economic policies. She brings invaluable insight into the discussion, providing localized socio-cultural context to the unfolding economic tale.
The narrative of Princes of the Yen begins with the analysis of the extraordinary expansion of Japan’s economy, which was considered to be the second largest in the world behind the United States from 1968 to 2010. It dissects the critical factors that brought about the ‘miracle’ of post-World War II economic advancement, contributing to Japan’s status as a global giant. Moreover, it delves into the critical roles of 'princes of the yen' who were central instrumental figures in this economic recovery.
The documentary then leads its audience through the turbulent phase of the 90s, better known as Japan’s 'Lost Decade.' It documents the decisions made by the central bankers, wrapping the narrative around the rise and burst of the Japanese economic bubble. The film seeks to paint a comprehensive picture of this phase that is often studied in economics, laying bare the interactions of power, money, and people.
Further, the film explores the ‘window guidance’ credit control system, a unique instrument utilized by the Bank of Japan to manage the country's economic fluctuations. It elucidates this seemingly byzantine control system in a fascinating and coherent fashion.
A unique feature of Princes of the Yen is its comparative analysis. The documentary utilizes lessons from the Japanese economy, presenting them as potential educative tools for understanding the global economic system. While macroeconomic phenomena observed in Japan seem distinct, the film suggests that similar trends can be seen in other economies worldwide, including those in the West.
Lastly, the film spearheads a debate on the controversial topic of central bank independence. It critically examines this concept in light of the Japanese economic history, inviting viewers to question and reassess their understanding of its merit.
Princes of the Yen is not just a documentary on the Japanese economic system but an analytical tool exploring central banking systems, economic bubbles, and market crashes. It confers knowledge not just about one island nation, but makes a global commentary critiquing the prevailing economic models and suggesting reforms. The soundtrack, narration, and the editing combine to create a riveting and educative film experience.
While Princes of the Yen may sound like it is intended for economics students or market analysts, its lucid and effective storytelling invites anyone interested in how global economies function. It is a must-watch for individuals seeking to better understand the socio-economic forces that drive our contemporary world. In this way, it is a documentary that does not merely discuss history, but one that illuminatively discusses principles that are applicable today.
Princes of the Yen is a Documentary movie released in 2014. It has a runtime of 92 Critics and viewers have rated it moderate reviews, with an IMDb score of 7.5..
How to Watch Princes of the Yen
Where can I stream Princes of the Yen movie online? Princes of the Yen is available to watch and stream, buy on demand, download at Amazon Prime, FuboTV, Plex, Tubi TV, Kanopy, Amazon. Some platforms allow you to rent Princes of the Yen for a limited time or purchase the movie for downloading.