Author: Ogura, Shinji
Studies in the Modern Japanese Economy; Hardback; Book; Tables, Notes, Index
168 pages
Published: December 2001
Palgrave Macmillan
ISBN: 0333711394

Shinji Ogura's insightful examination of the banking structure of developing Japan shows how Japanese banks became embroiled in the recent financial crisis. He demonstrates that the behavior of banks heading commercial groups was crucial to the development of the economic system. Their sudden expansion into the long-term lending business after the 1970s is shown to have caused the dangerous bubble economy of the following decade. This valuable study throws new light on Japan's current economic crisis.This work researches banking structure in developing Japan and gives insight into how Japan's banks have become embroiled in financial crisis. It also re-evaluates the role and function of Japan's commercial banks among its corporate groupings.