The Japanese banking sector is now going through major restructuring, reorganization, and consolidation on a scale unprecedented in its history, all against a background of an increasingly market-oriented, more deregulated and globalized policy environment. This process was set in motion and greatly precipitated by recent economic difficulties, i.e., the asset disinflation and economic stagnation that started in the early 1990s and led to the systemic banking crisis in 1997-98. The focus of this paper is the state of the Japanese banking system that was exposed to an asset price bubble (in the late 1980s), its collapse (in the early 1990s) and subsequent systemic crisis (in the late 1990s), and is undergoing recent reconstruction.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Publisher Info
Paper provided by East Asian Bureau of Economic Research in its series Macroeconomics Working Papers with number
475.
Length: 35 pages Date of creation: Dec 2003 Date of revision: Handle: RePEc:eab:macroe:475
Contact details of provider: Postal: JG Crawford Building #13, Asia Pacific School of Economics and Government, Australian National University, ACT 0200 Web page: http://www.eaber.org More information through EDIRC
For technical questions regarding this item, or to correct its listing, contact: (Sam Engele).
Find related papers by JEL classification: G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Mortgages E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies G12 - Financial Economics - - General Financial Markets - - - Asset Pricing
This paper has been announced in the following NEP Reports:
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.: