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Japan's financial crisis : institutional rigidity and reluctant change /

At the beginning of the 1990s, a massive speculative asset bubble burst in Japan, leaving the nation's banks with an enormous burden of nonperforming loans. Banking crises have become increasingly common across the globe, but what was distinctive about the Japanese case was the unusually long d...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Amyx, Jennifer Ann
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Princeton : Princeton University Press, [2004]
Temas:
Acceso en línea:Texto completo

MARC

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245 1 0 |a Japan's financial crisis :  |b institutional rigidity and reluctant change /  |c Jennifer A. Amyx. 
264 1 |a Princeton :  |b Princeton University Press,  |c [2004] 
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504 |a Includes bibliographical references (pages 341-359) and indexes. 
505 0 |a Networks and state performance -- pt. 1. Contours of Japan's financial policy networks. Finance ministry ties with the political arena -- Finance ministry ties with private and quasi-governmental financial institutions -- Finance ministry ties with other government agencies and the central bank -- pt. 2. Evolution of network-based regulation. Institutional "fit" for rapid growth -- Slowed growth, institutional rigidity, and reforms postponed -- Network-managed forbearance after the "bubble" bursts -- Policy paralysis amid deepening crisis -- pt. 3. Institutional change and system transition. A new regulatory and policymaking paradigm -- Why can't Japan get back on track? -- Conclusion. 
588 0 |a Print version record. 
520 |a At the beginning of the 1990s, a massive speculative asset bubble burst in Japan, leaving the nation's banks with an enormous burden of nonperforming loans. Banking crises have become increasingly common across the globe, but what was distinctive about the Japanese case was the unusually long delay before the government intervened to aggressively address the bad debt problem. The postponed response by Japanese authorities to the nation's banking crisis has had enormous political and economic consequences for Japan as well as for the rest of the world. This book helps us understand the natur. 
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