This volume connects the evolving modern financial systems of China, Japan, and Korea to the development and growth of their economies through the first decade of the twenty-first century. It also identifies the commonalities among all three systems while accounting for their social, political,...

A definitive historical record of financial development for three countries, highlighting the centrality of the financial system in each country's economic development and growth. - Provided by publisher

Networks, norms, and alliances -- Japan's financial system and persistence of systemic support -- The politics of the Japanese credit rating industry -- Japan's ideational developments and corporate governance -- The dilution of systemic support and growing contradictions.