Japan’s financial crisis: institutional rigidity and reluctant change Amyx, Jennifer Ann

By:

Amyx, Jennifer Ann

Publication details: 2004 Princeton University Press PrincetonDescription: xix, 365 pISBN:

9780691128689

Subject(s):

DDC classification:

332.10952 A6J2

Summary: 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 nature of the Japanese government's response while also providing important insights into why Japan seems unable to get its financial system back on track 13 years later.

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Holdings
Item type	Current library	Collection	Call number	Status	Date due	Barcode	Item holds
Book	Ahmedabad	Non-fiction	332.10952 A6J2 (Browse shelf(Opens below))	Available		178456

Total holds: 0

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	332.10941 T8B2 Banking in crisis: the rise and fall of British banking stability, 1800 to the present	332.109421 L8S9 Swimming with sharks: my journey into the world of bankers	332.1095 A8-2011 Asian perspectives on financial sector reforms and regulation	332.10952 A6J2 Japan’s financial crisis: institutional rigidity and reluctant change

Includes bibliographical references (p. 341-359) and indexes.

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 nature of the Japanese government's response while also providing important insights into why Japan seems unable to get its financial system back on track 13 years later.

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