The Japanese Financial System

Against a background of liberalization and deregulation the Japanese financial system is now undergoing substantial change--change closely monitored by world financial circles. Prepared by the Institute for Monetary and Economic Studies Bank of Japan this study provides up-to-date detailed information on the present system and its historical background. Part I outlines features and changes in the Japanese financial system and economy since World War II; Part II gives detailed descriptions of various assets interest rates financial institutions and monetary policies.