The intensification of the global financial crisis in late 2008 led to large capital outflows from Korea and turmoil in its capital markets. However, the prompt response by the government and the central bank stabilised Korea’s financial sector in early 2009 and recovery followed relatively...

Financial Policy and Central Banking in Japan -- Contents -- Preface -- Introduction -- The NCC's? Unprecedented Economic and Financial Distress -- The New Financial Supervision and Regulatory Framework -- Inflation Targetingx Liquidity Trapsx and the New Bank of Japan -- Challenges Facing...