Toward a More Stable Financial Framework: Long-term Alternatives — an Overview of Recent Bank Disruption Worldwide

Zenta Nakajima and Hiroo Taguchi
Additional contact information
Zenta Nakajima: Institute for Monetary and Economic Studies, Bank of Japan
Hiroo Taguchi: Matsuyama branch of the Bank of Japan

Chapter 3 in Financial Stability in a Changing Environment, 1995, pp 41-108 from Palgrave Macmillan

Abstract: Abstract The period during the late 1980s through to the early 1990s may well come to be known as ‘the era of global financial turmoil’, unequalled in magnitude of shock and geographical scale since the early 1930s. Successive waves of asset inflation and deflation have swallowed up various financial institutions — banks, securities houses, insurance companies and non-banks — all at once. Despite considerable government intervention in terms of crisis management, financial stability remains at stake across the world.

Keywords: Real Estate; Monetary Policy; Central Bank; Moral Hazard; Federal Reserve (search for similar items in EconPapers)
Date: 1995
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-13352-9_4

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349133529

DOI: 10.1007/978-1-349-13352-9_4

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().