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E-book
Author Woo, D

Title The Japanese Banking Crisis of the 1990's : Sources and Lessons / Woo, D
Published Washington, D.C. : International Monetary Fund, 2000

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Description 1 online resource (47 pages)
Series IMF Working Papers, 2227-8885 ; Working Paper No. 00/7
IMF Working Papers ; Working Paper no. 00/7
Summary 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
Notes Available in PDF, ePUB, and Mobi formats on the Internet
English
Form Electronic book
Author Woo, D
Kanaya, Akihiro
International Monetary Fund.
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