Japanese Banks and the Asset Price "Bubble"

Japanese Banks and the Asset Price "Bubble"
With the recent collapse of the asset price "bubble," Japanese banks encountered significant pressure from both a sharp decline in the value of equity holdings and a marked increase in bad loans. In August 1992, the Government initiated measures that stabilized equity prices and assisted banks in managing their nonperforming loans. While the... READ MORE...

Publication date: November 1993
ISBN 9781451954302
$15.00

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