000			01452 a2200205 4500
008			140323b2004 xxu||||| |||| 00| 0 eng d
020			_a9780691128689
082			_a332.10952 _bA6J2
100			_aAmyx, Jennifer Ann _9219005
245			_aJapan’s financial crisis: institutional rigidity and reluctant change _cAmyx, Jennifer Ann
260			_c2004 _bPrinceton University Press _aPrinceton
300			_axix, 365 p.
504			_aIncludes bibliographical references (p. 341-359) and indexes.
520			_aAt 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.
650			_aFinance
650			_aFinance - Japan
650			_aFinancial crises - Japan
650			_aBanks and banking - Japan
942			_cBK
999			_c376464 _d376464