The Political Economy Of Japanese Financial Markets

Author : Dick Beason,Jason James
Publisher : Palgrave Schol, Print UK
Page : 304 pages
File Size : 40,7 Mb
Release : 1998-12-31
Category : Capital market
ISBN : 033357933X

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The Political Economy of Japanese Financial Markets by Dick Beason,Jason James Pdf

This text examines various aspects of Japanese financial markets. The analysis in the book is interspersed with the institutional and historical background on Japanese financial markets necessary for the non-specialist. Principal chapters include: an institutional overview; the comparative cost of capital (both internationally and among Japanese firms); causes and implications of the high degree of financial intermediation in Japan; and an analysis of trends in the Japanese/Asian financial markets.

Author : R. Beason,J. James
Publisher : Springer
Page : 315 pages
File Size : 42,5 Mb
Release : 1999-01-19
Category : Political Science
ISBN : 9780230508217

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The Political Economy of Japanese Financial Markets by R. Beason,J. James Pdf

The authors examine various aspects of Japanese financial markets. This analysis is interspersed with the relevant institutional/historical background on Japanese financial markets necessary for the non-specialist. Principal chapters include: an institutional overview, a chapter on comparative cost of capital (both internationally and among Japanese firms); causes and implications of the high degree of financial intermediation in Japan and an invaluable analysis of the most recent trends in the Japanese/Asian financial markets.

Author : Dick Beason
Publisher : Unknown
Page : 128 pages
File Size : 45,8 Mb
Release : 1999
Category : Electronic
ISBN : 134939100X

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Political Economy of Japanese Financial Markets by Dick Beason Pdf

Author : Shigeo Nakao
Publisher : Unknown
Page : 232 pages
File Size : 43,5 Mb
Release : 1995
Category : Banks and banking
ISBN : STANFORD:36105010540412

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The Political Economy of Japan Money by Shigeo Nakao Pdf

Author : Dick Beason,Jason James
Publisher : Palgrave Macmillan
Page : 304 pages
File Size : 46,8 Mb
Release : 1999-01
Category : Business & Economics
ISBN : 0312217307

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The Political Economy of Japanese Financial Markets by Dick Beason,Jason James Pdf

The authors examine various aspects of Japanese financial markets. This analysis is interspersed with the relevant institutional/historical background on Japanese financial markets necessary for the non-specialist. Principal chapters include: an institutional overview; a chapter on the comparative costs of capital (both internationally and among Japanese firms); causes and implications of the high degree of financial intermediation in Japan; and an invaluable analysis of the most recent trends in the Japanese/Asian financial markets.

Author : Alexis Stenfors,Jan Toporowski
Publisher : Routledge
Page : 217 pages
File Size : 42,8 Mb
Release : 2020-07-15
Category : Business & Economics
ISBN : 9780429629617

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Unconventional Monetary Policy and Financial Stability by Alexis Stenfors,Jan Toporowski Pdf

Since the financial crisis of 2008-09, central bankers around the world have been forced to abandon conventional monetary policy tools in favour of unconventional policies such as quantitative easing, forward guidance, lowering the interest rate paid on bank reserves into negative territory, and pushing up prices of government bonds. Having faced a crisis in its banking sector nearly a decade earlier, Japan was a pioneer in the use of many of these tools. Unconventional Monetary Policy and Financial Stability critically assesses the measures used by Japan and examines what they have meant for the theory and practice of economic policy. The book shows how in practice unconventional monetary policy has worked through its impact on the financial markets. The text aims to generate an understanding of why such measures were introduced and how the Japanese system has subsequently changed regarding aspects such as governance and corporate balance sheets. It provides a comprehensive study of developments in Japanese money markets with the intent to understand the impact of policy on the debt structures that appear to have caused Japan’s deflation. The topics covered range from central bank communication and policymaking to international financial markets and bank balance sheets. This text is of great interest to students and scholars of banking, international finance, financial markets, political economy, and the Japanese economy.

Author : Adrian van Rixtel
Publisher : Cambridge University Press
Page : 418 pages
File Size : 52,8 Mb
Release : 2002-10-31
Category : Business & Economics
ISBN : 9781139437486

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Informality and Monetary Policy in Japan by Adrian van Rixtel Pdf

The success (and misfortunes) of the post-war Japanese economy has been one of the most debated points in modern economics. Many explanations focus on cultural and institutional factors, and in particular the role of 'Informality' (networks organizing business activity and government policy). Adrian van Rixtel, an economist at the European Central Bank, provides a quantitative and qualitative assessment of Informality in the formation of Japanese monetary policy. Having been based in Japan for three years, two years of which were spent at the Institute for Monetary and Economic Studies at the Bank of Japan and the Japanese Ministry of Finance, he is able to bring a unique 'insider-outsider' perspective to the subject.

Author : Saadia Pekkanen,Kellee Tsai
Publisher : Routledge
Page : 270 pages
File Size : 43,8 Mb
Release : 2006-06-01
Category : Business & Economics
ISBN : 9781134203604

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Japan and China in the World Political Economy by Saadia Pekkanen,Kellee Tsai Pdf

Two powers in East Asia today stand to define the region's economic and commercial future: Japan, which rose in a spectacular industrial burst to become at present the world's second largest economy; and China, which is rapidly advancing towards a market economy under the watchful eye of the world. While much has been made of Japan and China’s particular economic institutions and developmental paths, few works analyze them in a comparative framework. Including contributions from leading academics, the text focuses on the period from the 1980s to the onset of the 2000s, reviewing the experiences of Japan and China across the areas of development, trade, investment, finance and technology. Drawing on a combination of official documents, economic statistics, case studies and original fieldwork, this book will give political scientists, political economists, business concerns, and policy analysts a firmer grasp of the role Japan and China stand to play in the world political economy.

Author : Henry Laurence
Publisher : Cornell University Press
Page : 254 pages
File Size : 51,9 Mb
Release : 2001
Category : Business & Economics
ISBN : 0801437733

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Money Rules by Henry Laurence Pdf

Henry Laurence traces financial market reform in Britain and Japan over the last two decades, charting the movement of the Anglo-Saxon and Japanese styles of capitalism toward a new, hybrid form of economic organization. He explains what these two stories reveal about changes in the nature of business-government relations in an age of convergence.The package of reforms known in Britain as the "Big Bang" and in Japan as "Biggu Bangu" decontrolled prices, liberalized the number and nature of financial instruments that could be traded, opened both countries' markets to foreigners, and introduced a much greater degree of competition than would have been believed possible twenty years earlier. At the same time, Britain and Japan have undertaken stringent measures to improve the transparency and fairness of their markets.Why did two countries with traditionally very different regulatory styles adopt such strikingly similar reforms, and why did these reforms result in a mixture of deregulation in some areas and tighter control in others? In explaining these apparent contradictions, Laurence invokes the powerful domestic political impact of international capital mobility.Money Rules challenges the view that bureaucracy is the most powerful actor in the policymaking process. Using extensive interviews with more than one hundred policymakers and financial professionals in both countries, the author rebuts conventional wisdom. He argues that the events in Britain and Japan demonstrate striking crossnational convergence of political and economic institutions.

Author : M. Moran
Publisher : Springer
Page : 178 pages
File Size : 49,9 Mb
Release : 1990-11-15
Category : Business & Economics
ISBN : 9780230377899

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The Politics of the Financial Services Revolution by M. Moran Pdf

The financial services revolution has transformed what was once a backwater into a glamorous and dangerous part of modern economies. Intense competition and ferocious struggles for advantage in world markets are the signs of revolutionary change. Michael Moran's book breaks new ground by examining the politics of that revolution. Moran compares the struggles between private interests and public agencies in three great world financial centres - New York, London and Tokyo.

Author : Robert Boyer,Toshio Yamada
Publisher : Routledge
Page : 257 pages
File Size : 41,6 Mb
Release : 2000-04-13
Category : Business & Economics
ISBN : 9781134626755

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Japanese Capitalism in Crisis by Robert Boyer,Toshio Yamada Pdf

This book is invaluable for students and researchers studying the economies of Japan and other East Asian countries as well as all those interested in patterns of boom and recession worldwide.

Author : Thomas F. Cargill,Michael M. Hutchison,Takatoshi Ito
Publisher : MIT Press
Page : 205 pages
File Size : 48,8 Mb
Release : 2001-01-03
Category : Business & Economics
ISBN : 9780262262101

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Financial Policy and Central Banking in Japan by Thomas F. Cargill,Michael M. Hutchison,Takatoshi Ito Pdf

This book analyzes how the bank-dominated financial system—a key element of the oft-heralded "Japanese economic model"—broke down in the 1990s and spawned sweeping reforms. Japan's financial institutions and policy underwent remarkable change in the past decade. The country began the 1990s with a heavily regulated financial system managed by an unchallenged Ministry of Finance and ended the decade with a Big Bang financial market reform, a complete restructuring of its regulatory financial institutions, and an independent central bank. These reforms have taken place amid recession and rising unemployment, collapsing asset prices, a looming banking crisis, and the lowest interest rates in the industrial world. This book analyzes how the bank-dominated financial system—a key element of the oft-heralded "Japanese economic model"—broke down in the 1990s and spawned sweeping reforms. It documents the sources of the Japanese economic stagnation of the 1990s, the causes of the financial crisis, the slow and initially limited policy response to banking problems, and the reform program that followed. It also evaluates the new financial structure and reforms at the Bank of Japan in light of the challenges facing the Japanese economy. These challenges range from conducting monetary policy in a zero-interest rate environment characterized by a "liquidity trap" to managing consolidation in the Japanese banking sector against the backdrop of increasing international competition.

Author : Gordon C. K. Cheung
Publisher : Marshall Cavendish Academic
Page : 132 pages
File Size : 52,5 Mb
Release : 2003
Category : History
ISBN : UCSC:32106018277597

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The Political Economy of Japan by Gordon C. K. Cheung Pdf

This book explores how Japan balances her internal political economy with the external process of internationalisation by examining the following aspects of Japanese economic development planning: industrial policies and financial system; political economy in relation to the otherAsian countries; role in the global economy; and structural changes to Japan's post-Cold War economic development. This new edition tackles the problems and issues for Japan in the post-Sep 11 period, the election of Koizumi as prime minister, and the entry of China into the WTO. the author suggests that Japan may need to be more involved in the East Asian political economy at a time when the United States is more and more involved in the war against terrorism.

Author : Tamir Agmon
Publisher : Free Press
Page : 120 pages
File Size : 55,5 Mb
Release : 1985
Category : Business & Economics
ISBN : UOM:39015009315600

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Political Economy and Risk in World Financial Markets by Tamir Agmon Pdf

Author : 茂夫·中尾
Publisher : Unknown
Page : 213 pages
File Size : 50,8 Mb
Release : 1995
Category : Business & Economics
ISBN : 0860085074

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The Political Economy of Japan Money by 茂夫·中尾 Pdf

An economist dissects Japanese money, asking where it came from and examines how it was used. Part I analyzes Japan's borrowing and lending on international markets and internal flows of capital, relating them to the nation's industrial structure, social traditions, and labor distribution. Part II looks at Japan's banks and their 1980s globalization, relating their competitiveness to their low profit structure at home. Part III discusses the future of Japan's economy in the wake of the collapse of money-based prosperity.