13 Changes in Bank Behavior During Japan’s Financial Crisis
Author: HIROSHI NAKASO
Language:
English
Keywords:
SEM; market; bank; rating; market participant; market discipline; IMF surveillance; risk profile; government regulator; Financial sector stability; Credit; Credit risk; Financial Sector Assessment Program; Global; Europe; Southeast Asia; East Asia; Asia and Pacific; capital base; long-term credit; BOJ measure; city bank; subordinated loan; Loans; Deposit insurance; Distressed assets; Nonperforming loans

Abstract

In the 1990s, Japan faced a serious financial crisis due to the formation and bursting of a bubble. In terms of magnitude, it was a crisis no other country had ever experienced. Though essentially a serious domestic problem, because Japan was playing an increasingly important role in the international financial arena and also because of the size of her economy, it became a global concern out of fear it could trigger a cross-border financial crisis.

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Cover Financial Risks, Stability, and Globalization
Financial Risks, Stability, and Globalization
Author: Mr. Omotunde E. G. Johnson
ISBN:
9781589060128
Publication Date:
29 Apr 2002
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781589060128.072
Pages:
570