Japan's Financial Problems
The Japanese economy has faced difficult times in the 1990s, and the overall economic situation has grown worse in 1998. One core aspect has been the emergence of an enormous amount of bad debt, now officially estimated to be roughly 25% of GDP . Resolution of this problem has proceeded slowly and,...
Gespeichert in:
| Veröffentlicht in: | Brookings papers on economic activity 1998-01, Vol.1998 (2), p.347-385 |
|---|---|
| Hauptverfasser: | , |
| Format: | Artikel |
| Sprache: | eng |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Tags: |
Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
|
| container_end_page | 385 |
|---|---|
| container_issue | 2 |
| container_start_page | 347 |
| container_title | Brookings papers on economic activity |
| container_volume | 1998 |
| creator | Lincoln, Edward J. Friedman, Benjamin M. |
| description | The Japanese economy has faced difficult times in the 1990s, and the overall economic situation has grown worse in 1998. One core aspect has been the emergence of an enormous amount of bad debt, now officially estimated to be roughly 25% of GDP . Resolution of this problem has proceeded slowly and, as of the summer of 1998, doubts remain concerning the ability or willingness of the Japanese government to deal adequately with it. This paper considers how the problem emerged, evaluates existing policies, and offers some thoughts on probable outcomes. |
| doi_str_mv | 10.2307/2534697 |
| format | Article |
| fullrecord | <record><control><sourceid>jstor_proqu</sourceid><recordid>TN_cdi_proquest_miscellaneous_59903415</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><jstor_id>2534697</jstor_id><sourcerecordid>2534697</sourcerecordid><originalsourceid>FETCH-LOGICAL-c374t-bbc478069119128fe7a4740e972fceb9af6b37caa87b8b4925b38ec0fafe88cf3</originalsourceid><addsrcrecordid>eNp10D1LBDEQBuAgCq6r2FsdIl61mmSSTVLK4fnBgRZahyQksMt-mewV_nsje5VgNQzzMMy8CF0SfEcBi3vKgdVKHKGCcICKsZofowJjLKo8h1N0llKbW845FOjq1UxmWKfVthnM4BrTrd7jaDvfp3N0EkyX_MWhluhz-_ixea52b08vm4dd5UCwubLWMSFxrQhRhMrghWGCYa8EDc5bZUJtQThjpLDSMkW5BekdDiZ4KV2AEt0ue6c4fu19mnXfJOe7zgx-3CfNlcLA8jMluv4D23Efh3ybpkQQyhmQjNYLcnFMKfqgp9j0Jn5rgvVvQPoQUJY3i2zTPMZ_2Q8bcGBB</addsrcrecordid><sourcetype>Aggregation Database</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>217125431</pqid></control><display><type>article</type><title>Japan's Financial Problems</title><source>PAIS Index</source><source>EBSCOhost Business Source Complete</source><source>JSTOR Archive Collection A-Z Listing</source><source>EZB-FREE-00999 freely available EZB journals</source><creator>Lincoln, Edward J. ; Friedman, Benjamin M.</creator><creatorcontrib>Lincoln, Edward J. ; Friedman, Benjamin M.</creatorcontrib><description>The Japanese economy has faced difficult times in the 1990s, and the overall economic situation has grown worse in 1998. One core aspect has been the emergence of an enormous amount of bad debt, now officially estimated to be roughly 25% of GDP . Resolution of this problem has proceeded slowly and, as of the summer of 1998, doubts remain concerning the ability or willingness of the Japanese government to deal adequately with it. This paper considers how the problem emerged, evaluates existing policies, and offers some thoughts on probable outcomes.</description><identifier>ISSN: 0007-2303</identifier><identifier>EISSN: 1533-4465</identifier><identifier>EISSN: 0007-2303</identifier><identifier>DOI: 10.2307/2534697</identifier><identifier>CODEN: BPEAD5</identifier><language>eng</language><publisher>Washington: The Brookings Institution</publisher><subject>Bank assets ; Bank capital ; Bank credit ; Bank deposits ; Bank loans ; Bank markets ; Bank stocks ; Banking ; Banking industry ; Boards of directors ; Bond markets ; Borrowing ; Business depression ; Economic conditions ; Economic policy ; Economic systems ; Executive compensation ; Finance ; Financial economics ; Financial institutions ; Financial services ; GDP ; Gross Domestic Product ; Households ; Industrial development ; Insurance policies ; Japan ; Loans ; Macroeconomics ; Ministry of finance ; Personal relationships ; Profits ; Securities markets ; Stock exchanges ; Stockholders ; Studies</subject><ispartof>Brookings papers on economic activity, 1998-01, Vol.1998 (2), p.347-385</ispartof><rights>Copyright 1999 The Brookings Institution</rights><rights>Copyright Brookings Institution 1998</rights><lds50>peer_reviewed</lds50><oa>free_for_read</oa><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c374t-bbc478069119128fe7a4740e972fceb9af6b37caa87b8b4925b38ec0fafe88cf3</citedby></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktopdf>$$Uhttps://www.jstor.org/stable/pdf/2534697$$EPDF$$P50$$Gjstor$$H</linktopdf><linktohtml>$$Uhttps://www.jstor.org/stable/2534697$$EHTML$$P50$$Gjstor$$H</linktohtml><link.rule.ids>314,780,784,803,27865,27866,27924,27925,58017,58250</link.rule.ids></links><search><creatorcontrib>Lincoln, Edward J.</creatorcontrib><creatorcontrib>Friedman, Benjamin M.</creatorcontrib><title>Japan's Financial Problems</title><title>Brookings papers on economic activity</title><description>The Japanese economy has faced difficult times in the 1990s, and the overall economic situation has grown worse in 1998. One core aspect has been the emergence of an enormous amount of bad debt, now officially estimated to be roughly 25% of GDP . Resolution of this problem has proceeded slowly and, as of the summer of 1998, doubts remain concerning the ability or willingness of the Japanese government to deal adequately with it. This paper considers how the problem emerged, evaluates existing policies, and offers some thoughts on probable outcomes.</description><subject>Bank assets</subject><subject>Bank capital</subject><subject>Bank credit</subject><subject>Bank deposits</subject><subject>Bank loans</subject><subject>Bank markets</subject><subject>Bank stocks</subject><subject>Banking</subject><subject>Banking industry</subject><subject>Boards of directors</subject><subject>Bond markets</subject><subject>Borrowing</subject><subject>Business depression</subject><subject>Economic conditions</subject><subject>Economic policy</subject><subject>Economic systems</subject><subject>Executive compensation</subject><subject>Finance</subject><subject>Financial economics</subject><subject>Financial institutions</subject><subject>Financial services</subject><subject>GDP</subject><subject>Gross Domestic Product</subject><subject>Households</subject><subject>Industrial development</subject><subject>Insurance policies</subject><subject>Japan</subject><subject>Loans</subject><subject>Macroeconomics</subject><subject>Ministry of finance</subject><subject>Personal relationships</subject><subject>Profits</subject><subject>Securities markets</subject><subject>Stock exchanges</subject><subject>Stockholders</subject><subject>Studies</subject><issn>0007-2303</issn><issn>1533-4465</issn><issn>0007-2303</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>1998</creationdate><recordtype>article</recordtype><sourceid>7TQ</sourceid><sourceid>8G5</sourceid><sourceid>ABUWG</sourceid><sourceid>AFKRA</sourceid><sourceid>AZQEC</sourceid><sourceid>BENPR</sourceid><sourceid>CCPQU</sourceid><sourceid>DWQXO</sourceid><sourceid>GNUQQ</sourceid><sourceid>GUQSH</sourceid><sourceid>M2O</sourceid><recordid>eNp10D1LBDEQBuAgCq6r2FsdIl61mmSSTVLK4fnBgRZahyQksMt-mewV_nsje5VgNQzzMMy8CF0SfEcBi3vKgdVKHKGCcICKsZofowJjLKo8h1N0llKbW845FOjq1UxmWKfVthnM4BrTrd7jaDvfp3N0EkyX_MWhluhz-_ixea52b08vm4dd5UCwubLWMSFxrQhRhMrghWGCYa8EDc5bZUJtQThjpLDSMkW5BekdDiZ4KV2AEt0ue6c4fu19mnXfJOe7zgx-3CfNlcLA8jMluv4D23Efh3ybpkQQyhmQjNYLcnFMKfqgp9j0Jn5rgvVvQPoQUJY3i2zTPMZ_2Q8bcGBB</recordid><startdate>19980101</startdate><enddate>19980101</enddate><creator>Lincoln, Edward J.</creator><creator>Friedman, Benjamin M.</creator><general>The Brookings Institution</general><general>Johns Hopkins University Press</general><scope>AAYXX</scope><scope>CITATION</scope><scope>0-V</scope><scope>0U~</scope><scope>1-H</scope><scope>3V.</scope><scope>4S-</scope><scope>4U-</scope><scope>7TQ</scope><scope>7WY</scope><scope>7WZ</scope><scope>7XB</scope><scope>87Z</scope><scope>88J</scope><scope>8AO</scope><scope>8BJ</scope><scope>8FK</scope><scope>8FL</scope><scope>8G5</scope><scope>ABUWG</scope><scope>AFKRA</scope><scope>ALSLI</scope><scope>AZQEC</scope><scope>BENPR</scope><scope>BEZIV</scope><scope>CCPQU</scope><scope>DHY</scope><scope>DON</scope><scope>DPSOV</scope><scope>DWQXO</scope><scope>FQK</scope><scope>FRNLG</scope><scope>F~G</scope><scope>GNUQQ</scope><scope>GUQSH</scope><scope>JBE</scope><scope>K60</scope><scope>K6~</scope><scope>KC-</scope><scope>L.-</scope><scope>L.0</scope><scope>M0C</scope><scope>M2L</scope><scope>M2O</scope><scope>M2R</scope><scope>MBDVC</scope><scope>PQBIZ</scope><scope>PQBZA</scope><scope>PQEST</scope><scope>PQQKQ</scope><scope>PQUKI</scope><scope>Q9U</scope><scope>S0X</scope></search><sort><creationdate>19980101</creationdate><title>Japan's Financial Problems</title><author>Lincoln, Edward J. ; Friedman, Benjamin M.</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c374t-bbc478069119128fe7a4740e972fceb9af6b37caa87b8b4925b38ec0fafe88cf3</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>1998</creationdate><topic>Bank assets</topic><topic>Bank capital</topic><topic>Bank credit</topic><topic>Bank deposits</topic><topic>Bank loans</topic><topic>Bank markets</topic><topic>Bank stocks</topic><topic>Banking</topic><topic>Banking industry</topic><topic>Boards of directors</topic><topic>Bond markets</topic><topic>Borrowing</topic><topic>Business depression</topic><topic>Economic conditions</topic><topic>Economic policy</topic><topic>Economic systems</topic><topic>Executive compensation</topic><topic>Finance</topic><topic>Financial economics</topic><topic>Financial institutions</topic><topic>Financial services</topic><topic>GDP</topic><topic>Gross Domestic Product</topic><topic>Households</topic><topic>Industrial development</topic><topic>Insurance policies</topic><topic>Japan</topic><topic>Loans</topic><topic>Macroeconomics</topic><topic>Ministry of finance</topic><topic>Personal relationships</topic><topic>Profits</topic><topic>Securities markets</topic><topic>Stock exchanges</topic><topic>Stockholders</topic><topic>Studies</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Lincoln, Edward J.</creatorcontrib><creatorcontrib>Friedman, Benjamin M.</creatorcontrib><collection>CrossRef</collection><collection>ProQuest Social Sciences Premium Collection</collection><collection>Global News & ABI/Inform Professional</collection><collection>Trade PRO</collection><collection>ProQuest Central (Corporate)</collection><collection>BPIR.com Limited</collection><collection>University Readers</collection><collection>PAIS Index</collection><collection>ABI/INFORM Collection</collection><collection>ABI/INFORM Global (PDF only)</collection><collection>ProQuest Central (purchase pre-March 2016)</collection><collection>ABI/INFORM Global (Alumni Edition)</collection><collection>Social Science Database (Alumni Edition)</collection><collection>ProQuest Pharma Collection</collection><collection>International Bibliography of the Social Sciences (IBSS)</collection><collection>ProQuest Central (Alumni) (purchase pre-March 2016)</collection><collection>ABI/INFORM Collection (Alumni Edition)</collection><collection>Research Library (Alumni Edition)</collection><collection>ProQuest Central (Alumni Edition)</collection><collection>ProQuest Central UK/Ireland</collection><collection>Social Science Premium Collection</collection><collection>ProQuest Central Essentials</collection><collection>ProQuest Central</collection><collection>Business Premium Collection</collection><collection>ProQuest One Community College</collection><collection>PAIS International</collection><collection>PAIS International (Ovid)</collection><collection>Politics Collection</collection><collection>ProQuest Central Korea</collection><collection>International Bibliography of the Social Sciences</collection><collection>Business Premium Collection (Alumni)</collection><collection>ABI/INFORM Global (Corporate)</collection><collection>ProQuest Central Student</collection><collection>Research Library Prep</collection><collection>International Bibliography of the Social Sciences</collection><collection>ProQuest Business Collection (Alumni Edition)</collection><collection>ProQuest Business Collection</collection><collection>ProQuest Politics Collection</collection><collection>ABI/INFORM Professional Advanced</collection><collection>ABI/INFORM Professional Standard</collection><collection>ABI/INFORM Global</collection><collection>Political Science Database</collection><collection>Research Library</collection><collection>Social Science Database</collection><collection>Research Library (Corporate)</collection><collection>One Business (ProQuest)</collection><collection>ProQuest One Business (Alumni)</collection><collection>ProQuest One Academic Eastern Edition (DO NOT USE)</collection><collection>ProQuest One Academic</collection><collection>ProQuest One Academic UKI Edition</collection><collection>ProQuest Central Basic</collection><collection>SIRS Editorial</collection><jtitle>Brookings papers on economic activity</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Lincoln, Edward J.</au><au>Friedman, Benjamin M.</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Japan's Financial Problems</atitle><jtitle>Brookings papers on economic activity</jtitle><date>1998-01-01</date><risdate>1998</risdate><volume>1998</volume><issue>2</issue><spage>347</spage><epage>385</epage><pages>347-385</pages><issn>0007-2303</issn><eissn>1533-4465</eissn><eissn>0007-2303</eissn><coden>BPEAD5</coden><abstract>The Japanese economy has faced difficult times in the 1990s, and the overall economic situation has grown worse in 1998. One core aspect has been the emergence of an enormous amount of bad debt, now officially estimated to be roughly 25% of GDP . Resolution of this problem has proceeded slowly and, as of the summer of 1998, doubts remain concerning the ability or willingness of the Japanese government to deal adequately with it. This paper considers how the problem emerged, evaluates existing policies, and offers some thoughts on probable outcomes.</abstract><cop>Washington</cop><pub>The Brookings Institution</pub><doi>10.2307/2534697</doi><tpages>39</tpages><oa>free_for_read</oa></addata></record> |
| fulltext | fulltext |
| identifier | ISSN: 0007-2303 |
| ispartof | Brookings papers on economic activity, 1998-01, Vol.1998 (2), p.347-385 |
| issn | 0007-2303 1533-4465 0007-2303 |
| language | eng |
| recordid | cdi_proquest_miscellaneous_59903415 |
| source | PAIS Index; EBSCOhost Business Source Complete; JSTOR Archive Collection A-Z Listing; EZB-FREE-00999 freely available EZB journals |
| subjects | Bank assets Bank capital Bank credit Bank deposits Bank loans Bank markets Bank stocks Banking Banking industry Boards of directors Bond markets Borrowing Business depression Economic conditions Economic policy Economic systems Executive compensation Finance Financial economics Financial institutions Financial services GDP Gross Domestic Product Households Industrial development Insurance policies Japan Loans Macroeconomics Ministry of finance Personal relationships Profits Securities markets Stock exchanges Stockholders Studies |
| title | Japan's Financial Problems |
| url | https://sfx.bib-bvb.de/sfx_tum?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2025-01-07T10%3A34%3A35IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-jstor_proqu&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=Japan's%20Financial%20Problems&rft.jtitle=Brookings%20papers%20on%20economic%20activity&rft.au=Lincoln,%20Edward%20J.&rft.date=1998-01-01&rft.volume=1998&rft.issue=2&rft.spage=347&rft.epage=385&rft.pages=347-385&rft.issn=0007-2303&rft.eissn=1533-4465&rft.coden=BPEAD5&rft_id=info:doi/10.2307/2534697&rft_dat=%3Cjstor_proqu%3E2534697%3C/jstor_proqu%3E%3Curl%3E%3C/url%3E&disable_directlink=true&sfx.directlink=off&sfx.report_link=0&rft_id=info:oai/&rft_pqid=217125431&rft_id=info:pmid/&rft_jstor_id=2534697&rfr_iscdi=true |