This paper will investigate deregulation and the adaptation of governance structure in reference to Japan's banking industry. Deregulation of Japanese banks in the 1980s offers an interesting case study as these banks fell into serious solvency problems in the post-deregulation 1990s. By...

The central bank of Bhutan issues its currency the ngultrum. At the same time, the Indian rupee circulates within the country with parity This paper investigates the implications of rupee circulation for monetary policy in Bhutan using the money multiplier framework and evaluates the impact of...