Introduction: A mere decade ago Japan’s financial system, and especially its banking system, was not only the largest … country. Today presents a completely different picture. Japan’s financial system is weak and in disarray. Banks no longer rank … among the world’s top ten, and their credit ratings have declined dramatically. Two of Japan’s top 21 banks have already …

central banking; Japan's "bubble economy" of the 1980s; and the causes, magnitude, and regulatory responses to Japan's banking …In The Political Economy of Japanese Monetary Policy, Cargill, Hutchison, and Takatoshi investigate the formulation and … execution of monetary and financial policies in Japan within a broad technical, political, and institutional context. Their …

structure and reforms at the Bank of Japan in light of the challenges facing the Japanese economy. These challenges range from …Japan's financial institutions and policy underwent remarkable change in the past decade. The country began the 1990s …