03697nam 2200613 450 991055423250332120230629231910.00-300-26300-710.12987/9780300263008(CKB)5510000000041450(MiAaPQ)EBC6670175(Au-PeEL)EBL6670175(OCoLC)1260347420(StDuBDS)EDZ0002653306(DE-B1597)597018(DE-B1597)9780300263008(EXLCZ)99551000000004145020211122h20212021 fy| 0engurcnu||||||||txtrdacontentcrdamediacrrdacarrierTumultuous times central banking in an era of crisis /Masaaki Shirakawa[electronic resource]New Haven :Yale University Press,[2021]©20211 online resource (534 pages)Yale program on financial stability seriesYale scholarship onlineAlso issued in print: 2021.Translated from the Japanese.0-300-25897-6 Includes bibliographical references and index.Cover -- Half Title -- Title -- Copyright -- Contents -- Prologue -- PART 1 Career Building at the Bank of Japan -- CHAPTER 1 Starting My Career -- CHAPTER 2 The Japa nese Bubble Economy -- CHAPTER 3 The Bursting of the Bubble and the Financial Crisis -- CHAPTER 4 The New Bank of Japan Act -- CHAPTER 5 The Zero Interest Rate Policy and Quantitative Easing -- CHAPTER 6 The Illusion of the Great Moderation -- PART 2 The Days as Governor -- CHAPTER 7 My Appointment as Governor of the Bank of Japan -- CHAPTER 8 The Collapse of Lehman Brothers -- CHAPTER 9 The Increasing Clamor for Beating Deflation -- CHAPTER 10 Demographic Challenges and Raising Productivity -- CHAPTER 11 The European Debt Crisis -- CHAPTER 12 The Comprehensive Monetary Easing Policy -- CHAPTER 13 The Great East Japan Earthquake -- CHAPTER 14 Sixfold Suffering and the Currency War -- CHAPTER 15 The Sustainability of Government Finances -- CHAPTER 16 Enhancing the Stability of the Financial System -- CHAPTER 17 The Joint Statement by the Japanese Government and the Bank of Japan -- PART 3 The Roles of the Central Bank -- CHAPTER 18 The Great Monetary Experiment and the Spread of Japanification -- CHAPTER 19 Lessons from the Experiences of the Japanese Economy -- CHAPTER 20 What Should We Expect of the Central Bank? -- CHAPTER 21 The Global Cooperation of Central Banks -- CHAPTER 22 The Independence and Accountability of the Central Bank -- CHAPTER 23 The Central Bank as an Organization -- Epilogue -- NOTES -- REFERENCES -- ACKNOWLEDGMENTS -- INDEX.A rare insider's account of the inner workings of the Japanese economy, and the Bank of Japan's monetary policy, by a career central banker.Yale program on financial stability series.Yale scholarship online.Monetary policyJapanHistory21st centuryBanks and banking, CentralJapanHistory21st centuryBankersJapanBiographyBanks and banking, CentralPhilosophyJapanEconomic conditions21st centuryMonetary policyHistoryBanks and banking, CentralHistoryBankersBanks and banking, CentralPhilosophy.332.11Shirakawa Masaaki1219108StDuBDSStDuBDSBOOK9910554232503321Tumultuous times2819067UNINA