Financial Policy and Central Banking in Japan

by Thomas F. Cargill, Michael M. Hutchison, Takatoshi Ito

Book Overview

This book analyzes how the bank-dominated financial system--a key element of the oft-heralded "Japanese economic model"--broke down in the 1990s and spawned sweeping reforms.

Japan's financial institutions and policy underwent remarkable change in the past decade. The country began the 1990s with a heavily regulated financial system managed by an unchallenged Ministry of Finance and ended the decade with a Big Bang financial market...

• Format: Paperback
• Language: English
• ISBN: 026252628X
• ISBN13: 9780262526289
• Release Date: January 2001
• Publisher: MIT Press
• Length: 206 Pages
• Weight: 0.62 lbs.
• Dimensions: 0.4" x 6.0" x 9.0"
• Age Range: 18 years and up
• Grade Range: Postsecondary and higher