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Lessons from Japan's banking crisis, 1991 - 2005

Fujii, Mariko; Kawai, Masahiro - 2010

lacked an adequate legal framework for bank resolution. Policy measures adopted after the 1997 - 1998 systemic crisis …, supported by a newly established comprehensive framework for bank resolution, were more decisive. Banking sector problems were … rapidly, and deplete bank capital. If the authorities do not address the banking sector problem promptly, then the crisis will …

Persistent link: https://www.econbiz.de/10010279826

On the dynamics of small and medium-sized enterprises: Evidence from Japan

Yamada, Kazuo; El Kalak, Izidin; Takahashi, Hidenori - 2018

The main objective of this paper is to understand how the changes in the macroeconomic conditions (the global financial crisis) relate to the investment and financial decision-making for each of the different size categories of SMEs. To do so, we use a large dataset of 764,963 observations in...

Persistent link: https://www.econbiz.de/10011944203

Three arrows of "Abenomics" and the structural reform of Japan: Inflation targeting policy of the Central Bank, fiscal consolidation, and growth strategy

Yoshino, Naoyuki; Taghizadeh-Hesary, Farhad - 2014

"Abenomics" refers to the economic policies advocated by Prime Minister Shinzo Abe who became prime minister of Japan for a second time when his party, the Liberal Democratic Party, won an overwhelming majority at the general election in December 2012. Abenomics has "three arrows": (i)...

Persistent link: https://www.econbiz.de/10011310989