LEADER 03492oam 2200601Ma 450 001 9910777394703321 005 20190503073343.0 010 $a0-262-26987-2 010 $a1-4237-3071-2 035 $a(CKB)1000000000002963 035 $a(SSID)ssj0000155053 035 $a(PQKBManifestationID)11158446 035 $a(PQKBTitleCode)TC0000155053 035 $a(PQKBWorkID)10098878 035 $a(PQKB)10782598 035 $a(MiAaPQ)EBC3338434 035 $a(OCoLC)228039737$z(OCoLC)62148103$z(OCoLC)648371066$z(OCoLC)697596466$z(OCoLC)880329047$z(OCoLC)888626585$z(OCoLC)923251582$z(OCoLC)961652318$z(OCoLC)962619144$z(OCoLC)988518298$z(OCoLC)991985406$z(OCoLC)1037442238$z(OCoLC)1037901168$z(OCoLC)1038624091$z(OCoLC)1045451290$z(OCoLC)1055367058$z(OCoLC)1081287092$z(OCoLC)1083554211 035 $a(OCoLC-P)228039737 035 $a(MaCbMITP)3000 035 $a(Au-PeEL)EBL3338434 035 $a(CaPaEBR)ebr2001031 035 $a(OCoLC)923251582 035 $a(EXLCZ)991000000000002963 100 $a20000518d2000 uy 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt 182 $cc 183 $acr 200 10$aFinancial policy and central banking in Japan /$fThomas F. Cargill, Michael M. Hutchison, Takatoshi Ito 210 $aCambridge, Mass. $cMIT Press$dİ2000 215 $aviii, 196 p. $cill 300 $aBibliographic Level Mode of Issuance: Monograph 311 $a0-262-03285-6 320 $aIncludes bibliographical references (p. [183]-189) and index. 330 8 $aAnnotation 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 reform, a complete restructuring of its regulatory financial institutions, and an independent central bank. These reforms have taken place amid recession and rising unemployment, collapsing asset prices, a looming banking crisis, and the lowest interest rates in the industrial world. 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. It documents the sources of the Japanese economic stagnation of the 1990s, the causes of the financial crisis, the slow and initially limited policy response to banking problems, and the reform program that followed. It also evaluates the new financial structure and reforms at the Bank of Japan in light of the challenges facing the Japanese economy. These challenges range from conducting monetary policy in a zero-interest rate environment characterized by a "liquidity trap" to managing consolidation in the Japanese banking sector against the backdrop of increasing international competition. 606 $aFinance$zJapan 606 $aBanks and banking, Central$zJapan 610 $aECONOMICS/Finance 610 $aECONOMICS/International Economics 610 $aECONOMICS/Macroeconomics 615 0$aFinance 615 0$aBanks and banking, Central 676 $a332.1/1/0952 700 $aCargill$b Thomas F$0115339 701 $aHutchison$b Michael M$0122526 701 $aItO?o$b Takatoshi$f1950-$01561948 801 0$bOCoLC-P 801 1$bOCoLC-P 906 $aBOOK 912 $a9910777394703321 996 $aFinancial policy and central banking in Japan$93829104 997 $aUNINA LEADER 01476nas 22005173a 450 001 996215277103316 005 20230227213019.0 011 $a2168-8508 035 $a(DE-599)ZDB2048683-2 035 $a(OCoLC)60627025 035 $a(CKB)110978984445589 035 $a(CONSER)--2012200611 035 $a(EXLCZ)99110978984445589 100 $a20050614a19979999 --- a 101 0 $aeng 135 $aurun||||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 14$aThe journal of private equity 210 $aNew York, NY $cInstitutional Investor 311 $a1096-5572 517 3 $aPrivate equity 531 $aJOURNAL OF PRIVATE EQUITY 531 0 $aJ. priv. equity 606 $aVenture capital$vPeriodicals 606 $aInvestments$vPeriodicals 606 $aInvestments$2fast$3(OCoLC)fst00978234 606 $aVenture capital$2fast$3(OCoLC)fst01165298 606 $aPrivate Equity$2gnd 606 $aRisikokapital$2gnd 607 $aUSA$2gnd 608 $aPeriodicals.$2fast 610 $aInvestment & Speculation 615 0$aVenture capital 615 0$aInvestments 615 7$aInvestments. 615 7$aVenture capital. 615 7$aPrivate Equity 615 7$aRisikokapital 676 $a332/.0415/05 712 02$aInstitutional Investor (Firm) 906 $aJOURNAL 912 $a996215277103316 996 $aThe journal of private equity$92405348 997 $aUNISA