Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/19172
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dc.contributor.authorReszat, Beateen_US
dc.date.accessioned2009-01-28T15:56:15Z-
dc.date.available2009-01-28T15:56:15Z-
dc.date.issued2003en_US
dc.identifier.urihttp://hdl.handle.net/10419/19172-
dc.description.abstractRecent debates about the state of Japan's financial system focus on the weakness of Japanese banks. But, in the complex financial relations of an advanced economy bank finance cannot be seen separate from other forms of financial intermediation. Despite the reform efforts under the Big Bang program, financial markets in Japan show severe signs of malfunctioning, distortion and backwardness. The paper gives an overview ofthe current state of markets for money, bonds, equities and derivatives arguing that for reform to become successful measures to develop an entirely different market culture were needed. It calls for a redefinition of the role of interest groups in the financial intermediation process – including the role of government.en_US
dc.language.isoengen_US
dc.publisher|aHamburg Institute of International Economics (HWWA) |cHamburgen_US
dc.relation.ispartofseries|aHWWA Discussion Paper |x231en_US
dc.subject.jelE58en_US
dc.subject.jelE62en_US
dc.subject.jelG10en_US
dc.subject.jelN25en_US
dc.subject.ddc330en_US
dc.subject.stwFinanzmarkten_US
dc.subject.stwFinanzintermediären_US
dc.subject.stwFinanzsektoren_US
dc.subject.stwWirtschaftliche Instabilitäten_US
dc.subject.stwBankenreformen_US
dc.subject.stwJapanen_US
dc.titleJapan?s Financial Markets: The Lost Decadeen_US
dc.typeWorking Paperen_US
dc.identifier.ppn367167646en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:hwwadp:26335-

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