economies in which they play a lead role. The paper makes an analysis of the evolution of the regulation and deregulation of the …The regulation and oversight of the financial markets is made necessary by both their complexity and the imperfect real …

As Japan and the Nordic countries entered the final decade of the 20th century, they experienced an abrupt end to a … cleaning-up process of the financial sector started. Although different in volume, the banking crises of Japan and the Nordic …, can Japan resolve its problems in the financial sector in reasonable time and eventually catch up with European and North …

This paper reviews the reasons why Japan has failed to resolve the economic and financial distress that started in 1990 … recovery not yet occurred, and is Japan in a second lost decade in terms of economic and financial development? I discuss how … liberalization in Japan was more a response to specific interest groups than an effort at fundamental redesign; perceived absence of …

Since the 80’s, an increasing number of emergent countries have begun in the process of banking deregulation. This … crises which became world extensive. From there arose the question whether the process of deregulation, started by the …