OECD Economic Surveys: Japan 2009

Financial stability: overcoming the crisis and improving the efficiency of the banking sector

DOI:https://dx.doi.org/10.1787/eco_surveys-jpn-2009-4-en

Japanese banks largely avoided the direct impact from the global financial crisis thanks to their limited exposure to foreign toxic assets, the regulatory framework in Japan and the small role of securitisation. However, the sharp contraction in ...



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