From Postwar to the New Millennium
Author: Schaede, Ulrike
Source: Harvard Business School
Number of pages: 31
Describes the development of the Japanese financial system, from extensive regulation and fund allocation through administrative guidance in the 1950s to the banking crisis and legal and structural reorganization in the 1990s. Special emphasis is on the processes of regulation, the inherent logic of the early postwar system, and the forces that triggered change in the 1980s.