01645cas a2200253 a 4500 AALejournalIMF007663 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451842401 1018-5941 BD-DhAAL BD-DhAAL Woo, David. The Japanese Banking Crisis of the 1990's : Sources and Lessons / David Woo, Akihiro Kanaya. Washington, D.C. : International Monetary Fund, 2000. 1 online resource (47 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students 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. Mode of access: Internet Kanaya, Akihiro. IMF Working Papers; Working Paper ; No. 2000/007 Full text available on IMF http://elibrary.imf.org/view/journals/001/2000/007/001.2000.issue-007-en.xml IMF e-Library