The Japanese Banking Crisis of the 1990's : Sources and Lessons /

For a large part of the past decade, Japan has witnessed a steady deterioration in the health of its banking system. This paper examines what went wrong and why it has taken so long for the system to recover. While the paper traces the roots of the crisis to accelerated deregulation and deepening of...

Mô tả đầy đủ

Chi tiết về thư mục
Tác giả chính: Woo, David
Tác giả khác: Kanaya, Akihiro
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2000.
Loạt:IMF Working Papers; Working Paper ; No. 2000/007
Truy cập trực tuyến:Full text available on IMF
Miêu tả
Tóm tắt:For a large part of the past decade, Japan has witnessed a steady deterioration in the health of its banking system. This paper examines what went wrong and why it has taken so long for the system to recover. While the paper traces the roots of the crisis to accelerated deregulation and deepening of capital markets without an appropriate adjustment in the regulatory framework, it identifies weak corporate governance and regulatory forbearance as the two factors behind what might have been an unnecessary prolongation of the distress of the financial system.
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Mô tả vật lý:1 online resource (47 pages)
Định dạng:Mode of access: Internet
số ISSN:1018-5941
Truy cập:Electronic access restricted to authorized BRAC University faculty, staff and students