Specific Features of the Current Economic Recession in Japan and Ways of Managing It

In almost every area of human activity there are concerns regarding malfunctions that may occur within it. Therefore, there are studies about the causes, the mode of occurrence, manifestations and consequences of these deviations which act as the economic crises. The current crisis differs from other crises in its proportions, now affecting a large number of countries. If until now there were mainly affected countries in progress, in this crisis there have been involved most developed countries. In this category it is also included Japan. The National Bank of Japan tries continuously to carefully examine the outlook for economic activity, and, if necessary, take policy actions in an appropriate manner. Since the Tohoku Pacific Earthquake occurred, the Bank of Japan has been trying to manage its effects on financial markets and financial institutions' business operations. In addition, the Bank has been providing funds flexibly through appropriate money market operations.