haku: @indexterm FINANCIAL SERVICES / yhteensä: 273
viite: 250 / 273
| Tekijä: | Shirreff, D. |
| Otsikko: | MoF clings to the same old levers |
| Lehti: | Euromoney
1994 : FEB, p. 32-38 |
| Asiasana: | JAPAN FINANCIAL SERVICES MONEY |
| Kieli: | eng |
| Tiivistelmä: | Integration with world markets and pressure from the US are forcing change on Japan's financial system. But the Ministry of Finance, the self-appointed guardian of stability, is resisting the revolution. Its habit of guiding market practice without writing clear rules may stall severe corrections, but it is heaping up trouble as an obstacle to efficiency and proper price formation. The ultimate question is: will Japan's financial sector move inexorably towards the US model? Most Japanese, especially MoF officials, are betting that it won't. |
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