Conclusion
Mitsuhiko Nakano
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Mitsuhiko Nakano: Momoyama Gakuin University (St. Andrew’s University)
Chapter 6 in Financial Crisis and Bank Management in Japan (1997 to 2016), 2016, pp 177-180 from Palgrave Macmillan
Abstract:
Abstract Widespread restructuring in the Japanese banking industry proceeded during the early 2000s in a period reminiscent of the end of the bubble economy when the settlement of non-performing loans (NPLs) was pushed forward at an accelerated pace. However, the Japanese economy has since been depressed severely as a result of long-term deflation. Concurrent changes in social and economic systems have also functioned to add to deflationary pressures. The Japanese banking industry was successful in restoring stability but its future is not necessarily bright. Management of the Japanese banks will be obliged to be more flexible in relation to future changes.
Keywords: Monetary Policy; Banking Industry; Japanese Economy; Interest Rate Policy; Bubble Economy (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-1-137-54118-5_6
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DOI: 10.1057/978-1-137-54118-5_6
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