001385909 000__ 03559cam\a2200529Ma\4500 001385909 001__ 1385909 001385909 003__ MaCbMITP 001385909 005__ 20240325105014.0 001385909 006__ m\\\\\o\\d\\\\\\\\ 001385909 007__ cr\cn\nnnunnun 001385909 008__ 000518s2000\\\\maua\\\\ob\\\\001\0\eng\d 001385909 020__ $$a9780262269872$$q(electronic bk.) 001385909 020__ $$a0262269872$$q(electronic bk.) 001385909 020__ $$a9780262032858 001385909 020__ $$a0262032856 001385909 020__ $$a1423730712$$q(electronic bk.) 001385909 020__ $$a9781423730712$$q(electronic bk.) 001385909 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 001385909 035__ $$a(OCoLC-P)228039737 001385909 040__ $$aOCoLC-P$$beng$$epn$$cOCoLC-P 001385909 050_4 $$aHG187.J3$$bC368 2000eb 001385909 072_7 $$aBUS$$x004000$$2bisacsh 001385909 08204 $$a332.1/1/0952$$221 001385909 1001_ $$aCargill, Thomas F. 001385909 24510 $$aFinancial policy and central banking in Japan /$$cThomas F. Cargill, Michael M. Hutchison, Takatoshi Ito. 001385909 260__ $$aCambridge, Mass. :$$bMIT Press,$$c©2000. 001385909 300__ $$a1 online resource (viii, 196 pages) :$$billustrations 001385909 336__ $$atext$$btxt$$2rdacontent 001385909 337__ $$acomputer$$bc$$2rdamedia 001385909 338__ $$aonline resource$$bcr$$2rdacarrier 001385909 506__ $$aAccess limited to authorized users. 001385909 5208_ $$aAnnotation Japan's financial institutions and policy underwent remarkable change in the past decade. The country began the 1990s with a heavily regulated financial system managed by an unchallenged Ministry of Finance and ended the decade with a Big Bang financial market reform, a complete restructuring of its regulatory financial institutions, and an independent central bank. These reforms have taken place amid recession and rising unemployment, collapsing asset prices, a looming banking crisis, and the lowest interest rates in the industrial world. This book analyzes how the bank-dominated financial system--a key element of the oft-heralded "Japanese economic model"--Broke down in the 1990s and spawned sweeping reforms. It documents the sources of the Japanese economic stagnation of the 1990s, the causes of the financial crisis, the slow and initially limited policy response to banking problems, and the reform program that followed. It also evaluates the new financial structure and reforms at the Bank of Japan in light of the challenges facing the Japanese economy. These challenges range from conducting monetary policy in a zero-interest rate environment characterized by a "liquidity trap" to managing consolidation in the Japanese banking sector against the backdrop of increasing international competition. 001385909 588__ $$aOCLC-licensed vendor bibliographic record. 001385909 650_0 $$aFinance$$zJapan. 001385909 650_0 $$aBanks and banking, Central$$zJapan. 001385909 653__ $$aECONOMICS/Finance 001385909 653__ $$aECONOMICS/International Economics 001385909 653__ $$aECONOMICS/Macroeconomics 001385909 655_0 $$aElectronic books 001385909 7001_ $$aHutchison, Michael M. 001385909 7001_ $$aItÖo, Takatoshi,$$d1950- 001385909 852__ $$bebk 001385909 85640 $$3MIT Press$$uhttps://univsouthin.idm.oclc.org/login?url=https://doi.org/10.7551/mitpress/3000.001.0001?locatt=mode:legacy$$zOnline Access through The MIT Press Direct 001385909 85642 $$3OCLC metadata license agreement$$uhttp://www.oclc.org/content/dam/oclc/forms/terms/vbrl-201703.pdf 001385909 909CO $$ooai:library.usi.edu:1385909$$pGLOBAL_SET 001385909 980__ $$aBIB 001385909 980__ $$aEBOOK 001385909 982__ $$aEbook 001385909 983__ $$aOnline