Author: Allan D. BrunnerPublisher:
ISBN:
Category : Business cycles
Languages : en
Pages : 64
Book Description
Determinants of the 1991-93 Japanese Recession
Author: Allan D. BrunnerPublisher:
ISBN:
Category : Business cycles
Languages : en
Pages : 64
Book Description
Restructuring Japanese Business for Growth
Author: Raj AggarwalPublisher: Springer Science & Business Media
ISBN: 1461545935
Category : Business & Economics
Languages : en
Pages : 335
Book Description
Restructuring Japanese Business for Growth consists of eighteen previously unpublished invited chapters by experts on Japanese business. It will attract both commercial and academic interest. Japanese business can be expected to continue to be of great importance in global and Asian economics, especially as the Japanese economy is the dominant economy in Asia, being larger than all other Asian economies combined. Policymakers and business people interested in understanding Japanese financial markets will find this book useful. In addition, this book should be a valuable resource for undergraduate, graduate, and executive development courses in international business, global finance, and Japanese business.
Japan’s Lost Decade
Author: Naoyuki YoshinoPublisher: Springer
ISBN: 981105021X
Category : Business & Economics
Languages : en
Pages : 187
Book Description
This book discusses Japan’s long-term economic recession and provides remedies for that recession that are useful for other Asian economies. The book addresses why Japan’s economy has stagnated since the bursting of its economic bubble in the 1990s. Its empirical analysis challenges the beliefs of some economists, such as Paul Krugman, that the Japanese economy is caught in a liquidity trap. This book argues that Japan’s economic stagnation stems from a vertical “investment–saving” (IS) curve rather than a liquidity trap. The impact of fiscal policy has declined drastically, and the Japanese economy faces structural problems rather than a temporary downturn. These structural problems have many causes: an aging demographic (a problem that is frequently overlooked), an over-reliance by local governments on transfers from the central government, and Basel capital requirements that have made Japanese banks reluctant to lend money to start-up businesses and small and medium-sized enterprises. This latter issue has discouraged Japanese innovation and technological progress. All these issues are addressed empirically and theoretically, and several remedies for Japan’s long-lasting recession are provided. This volume will be of interest to researchers and policy makers not only in Japan but also the People’s Republic of China, many countries in the eurozone, and the United States, which may face similar challenges in the future.
No More Bashing
Author: C. Fred BergstenPublisher: Peterson Institute
ISBN: 9780881322866
Category : Business & Economics
Languages : en
Pages : 354
Book Description
This study considers the current economic relationship between the United States and Japan. Bergsten and Noland (both Institute for International Economics) along with Japanese economist Ito (Hitosubashi U.) argue that Japan no longer poses a unique economic threat to the United States and that the U.S. should begin treating Japan like any other major economic power. Among the topics covered are the resurgence of the American economy, the decline of the Japanese economy, resolving disputes through the WTO, and international finance. c. Book News Inc.
Working Paper Series
Author: Impacts of the Basle Capital Standard on Japanese Banks' Behavior
Author: Takatoshi ItōPublisher:
ISBN:
Category : Asset-liability management
Languages : en
Pages : 66
Book Description
This paper examines how the risk based capital standards, the so-called Basle Accord between 1990 and 1993. As the Japanese stock prices fell, banks' latent capital gains, which are part of tier II capital, became smaller. Empirical findings are consistent with a view that banks with lower capital ratios tended to issue more subordinated debts (tier II) and to reduce lending (risk assets).
A Survey of Non-financial Sector Balance Sheets in Industrialised Countries
Author: J. T. KneeshawPublisher:
ISBN:
Category : Asset-liability management
Languages : en
Pages : 68
Book Description
Structural Change in Japan
Author: Mr.Tamim BayoumiPublisher: International Monetary Fund
ISBN: 9781557756961
Category : Business & Economics
Languages : en
Pages : 256
Book Description
This volume, by Bijan B. Aghevli, Tamim Bayoumi, and Guy Meredith, is based on a seminar on structural change in Japan held in early 1997 and chaired by the IMF's First Deputy Managing Director, Stanley Fischer. Discussion of teh day-to-day management of the standard levers of fiscal and monetary policy is interlinked with consideration for the more deep-seated structural issues. By shifting and destabilizing the underlying economic relationships and creating uncertainty, structural change complicates the task of policy analysis. This volume describes how the IMF is responding to these challenges and how outside experts assess this effect.
The Fed in Print
Author: On the Dynamic Properties of Asymmetric Models of Real GNP
Author: Allan D. BrunnerPublisher:
ISBN:
Category : Business cycles
Languages : en
Pages : 36
Book Description