Japan's Financial Slump
Collapse of the Monitoring System under Institutional and Transition Failures
- 236 páginas
- 9 horas de lectura
The book examines the distinctive characteristics of Japan's relation-based banking system, especially after World War II, contrasting it with the Anglo-American banking model. It delves into the reasons behind Japan's transition failure, which contributed to a prolonged financial and economic slump, providing insights into the systemic differences and their impacts on the economy.
