Japan in the International Financial System
Title | Japan in the International Financial System PDF eBook |
Author | T. Iwami |
Publisher | Springer |
Pages | 204 |
Release | 1995-10-27 |
Genre | Business & Economics |
ISBN | 0230372635 |
Japan experienced a remarkable growth in international finance, through a series of liberalization measures in the 1980s. However, her position in the global financial system is still limited, as the reserve currency share of yen illustrates. Why does such a contrast exist? Historical comparison with Britain and the United States as well as extensive data provide a key to answer the question.
Crisis and Change in the Japanese Financial System
Title | Crisis and Change in the Japanese Financial System PDF eBook |
Author | Takeo Hoshi |
Publisher | Springer Science & Business Media |
Pages | 350 |
Release | 2000-05-31 |
Genre | Business & Economics |
ISBN | 9780792377832 |
Specialists in various aspects of the Japanese financial industry describe, analyze, and evaluate the crisis that began with bursting real east bubbles in the early 1990s and resulting non-performing loans, delay by regulatory authorities and the banks themselves, a decompressive deregulation in 1996, major reforms in 1998 and early 1999 that made $500 billion of government funds available, and the resulting lack of regulatory control. In the context of the transition from a bank-centered and relationship-based system to market-based and competitive, they investigate why the banks got into such serious trouble, why the Ministry of Finance lost its immense power, how financial regulation will further change the industry and the huge government financial institutions and postal savings, and what some broader implications are of the transitions. Most of the 12 studies are revised from presentations at an October 1998 conference in New York. Annotation copyrighted by Book News, Inc., Portland, OR
Japan
Title | Japan PDF eBook |
Author | International Monetary Fund. Monetary and Capital Markets Department |
Publisher | International Monetary Fund |
Pages | 109 |
Release | 2017-07-31 |
Genre | Business & Economics |
ISBN | 1484313437 |
This paper assesses the stability of the financial system in Japan. Although the financial system has remained stable, the low profitability environment is creating new risks, and pressures are likely to persist. The search for yield among banks has led some to expand their overseas activities, and more generally to a growth in real estate lending and foreign securities investments. Efforts to increase risk-based lending to small-and medium-sized enterprises are welcome, but many banks still need to develop commensurate credit assessment capacities. Stress tests suggest that the banking sector remains broadly sound, although market risks are increasing, and there are some vulnerabilities among regional banks.
Japan
Title | Japan PDF eBook |
Author | International Monetary Fund. Monetary and Capital Markets Department |
Publisher | International Monetary Fund |
Pages | 109 |
Release | 2017-08-01 |
Genre | Business & Economics |
ISBN | 1484313593 |
This paper assesses the stability of the financial system in Japan. Although the financial system has remained stable, the low profitability environment is creating new risks, and pressures are likely to persist. The search for yield among banks has led some to expand their overseas activities, and more generally to a growth in real estate lending and foreign securities investments. Efforts to increase risk-based lending to small-and medium-sized enterprises are welcome, but many banks still need to develop commensurate credit assessment capacities. Stress tests suggest that the banking sector remains broadly sound, although market risks are increasing, and there are some vulnerabilities among regional banks.
Report on Specialized Financial Institution System in Japan
Title | Report on Specialized Financial Institution System in Japan PDF eBook |
Author | Financial System Research Council (Japan). Financial System Subcommittee |
Publisher | |
Pages | 122 |
Release | 1988 |
Genre | Banks and banking |
ISBN |
Financial Policy and Central Banking in Japan
Title | Financial Policy and Central Banking in Japan PDF eBook |
Author | Thomas F. Cargill |
Publisher | MIT Press |
Pages | 205 |
Release | 2001-01-03 |
Genre | Business & Economics |
ISBN | 026226210X |
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 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.
Japan
Title | Japan PDF eBook |
Author | International Monetary Fund |
Publisher | International Monetary Fund |
Pages | 36 |
Release | 2012-09-07 |
Genre | Business & Economics |
ISBN | 1475510446 |
This Spillover Report analyses the potential channels of financial system spillovers in Japan that policymakers should keep in mind. The report also highlights some of the potential challenges faced by Japanese financial institutions in managing risks developed owing to overseas exposure. The Executive Board acclaims the importance of an institutional and regulatory framework in managing spillover channels. The report is a guideline as to how Japan developed to win its position in the world.