Advertisement

© 2016

Financial Crisis and Bank Management in Japan (1997 to 2016)

Building a Stable Banking System

Book

Table of contents

  1. Front Matter
    Pages i-xxii
  2. Mitsuhiko Nakano
    Pages 141-175
  3. Mitsuhiko Nakano
    Pages 177-180
  4. Back Matter
    Pages 181-184

About this book

Introduction

This book explores the challenges faced by the Japanese economy and the Japanese banking industry following the financial crisis that emerged around the turn of the last millennium. The author explores how the Japanese financial crisis of the late 1990s engendered huge restructuring efforts in the banking industry, which eventually led to even more sweeping changes of the economic system and long-term deflation in the 2000s. The discussion begins with an overview of the unconventional monetary policy launched by the Bank of Japan at this time, while banking administrative policies maintained their strict code of governance. The author describes how, just as recovery seemed possible, the twin disasters of the Lehman shock and the Great East Japan Earthquake buffeted the recovering economy, and pushed Japan again into deflation. The book also looks to the very recent past, with the sudden advent of Abenomics in 2013, with its three-pronged approach, which was intended to break the deflationary mindset. Finally, the author projects what the future of the banking industry in Japan might encompass, as looming demographic changes gradually threaten both the economy and the banking industry.

Keywords

Bubble Economy Banking Supervision Policy Restructuring Quantitative Monetary Easing Policy Duration Effect The Lehman Shock Qualitative Monetary Easing Policy the East Japan Great Earthquake Abenomics banking economy finance financial crisis Japan management

Authors and affiliations

  1. 1.Momoyama Gakuin University (St. Andrew’s University)OsakaJapan

About the authors

Mitsuhiko Nakano is a Professor at St. Andrew’s University in Japan. His research interests focus specifically on the themes of banking and business systems, banking management, and financial administration policy. Having worked at a major bank during the period of time covered in this book, he uses his own extensive practical experience to analyse the economic effects of banking.

Bibliographic information

  • Book Title Financial Crisis and Bank Management in Japan (1997 to 2016)
  • Book Subtitle Building a Stable Banking System
  • Authors Mitsuhiko Nakano
  • Series Title Palgrave Macmillan Studies in Banking and Financial Institutions
  • Series Abbreviated Title Palgrave Macmillan Studies in Banking and Financial Institutions
  • DOI https://doi.org/10.1057/978-1-137-54118-5
  • Copyright Information The Editor(s) (if applicable) and The Author(s) 2016
  • Publisher Name Palgrave Macmillan, London
  • eBook Packages Economics and Finance Economics and Finance (R0)
  • Hardcover ISBN 978-1-137-54117-8
  • Softcover ISBN 978-1-349-71249-6
  • eBook ISBN 978-1-137-54118-5
  • Edition Number 1
  • Number of Pages XXII, 184
  • Number of Illustrations 25 b/w illustrations, 3 illustrations in colour
  • Topics Banking
    Capital Markets
    Financial History
    Asian Economics
  • Buy this book on publisher's site
Industry Sectors
Finance, Business & Banking