This paper takes Japanese financial crisis and monetary policies of the Bank of Japan as objects of study, urging that China should accelerate financial liberalization in order to defend the Chinese financial system from financial risks.
Reading a great number of references, the author finds that most western scholars explain the realization and solution of the financial crisis by thinking that credit shrinkage results in business recession in the study of the financial crisis, that is, acquiescing in taking the financial media with inadequate capital as prerequisite.
Therefore, finance is a double-edged sword, which is indispensable for the development of economy, and the potential risks rising from which simultaneously bring intense impact upon the economy. Since 1990s, financial crises in various forms have emerged all over the world, such as payment crises about debt in South-America, financial crises in Japan, South-Asia and Korea.
An analysis of the Japanese financial crisis by several journalists.
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For example in the current Japanese financial crisis, a banking crisis and asset deflation have overlapped and now the danger of deflation is growing.
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In contrast to the ongoing Japanese financial crisis, the Norwegian banking crisis has a distinct beginning and end.
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We provide a historical angle with a look at past economic crises in Japan, as well as two articles on the present Japanese financial crisis.
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By making a study of the growth of some foreign enterprises, especially that of postwar Japanese economy, it is not difficult to find that the formation of enterprises' economies of scales is closely related to the banks. Under the market economy, establishment of the relation between banks and enterprises has become a rather difficult problem. How to solve it? In 1996, our courtry began trying the lead bank system to improve the relation. However, with the coming of the present Japanese financial crises is...
There was a serious financial crisis in Japan in 1990s:increased bad debes;bankrupted financial institution;bad economic condition;aggranated financial scandals;decreased international status.Ja panese crisis resulted from odds economic development and the state proteeted financial system;To tackle the problems,Japanese state resorted to reform the financial institution completely:speeded the financial liberalization,increased bank independence and the transparency of the decision,opened the financial and ...
The Japanese financial crisis shows that its financial and economic system has deviated from the requirement of market economy.Therefore,the financial reform becomes crucial for the redevelopment of Japanese eonomy. Although from Hashimoto.each Japanese government has its financial reform plan,due to the worsening maro-economic situation and planning and operational errors,they did slow down the Japanese finance.So for Koizumi Cabinet.it is very important to make a proper choice between resuming economy and...