The Stagnant Japanese Economy in the 1990s: The Need For Financial Supervision to Restore Sustained Growth

  • Takatoshi Ito
Part of the Innovations in Financial Markets and Institutions book series (IFMI, volume 12)


In the 1990s the dream economy that had impressed the world and brought Japan to the forefront of the advanced economies has become more like a nightmare. What went wrong? What will lift the Japanese economy from stagnation? These are questions addressed in this chapter. In answering them, I also consider the inter-relationship between Japan and the Asian economies, and the parallels between them.


Monetary Policy Financial Institution Nonperforming Loan Interbank Market Credit Crunch 
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Copyright information

© Springer Science+Business Media New York 2000

Authors and Affiliations

  • Takatoshi Ito
    • 1
  1. 1.Ministry of FinanceUSA

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