Japanese Banking Industry
Japanese Banking Industry
An examination of the role of banks in the changing economy, cultural context, keiretsu (banking-business alliances) and stability compared to U.S. banks.
1,800 words (
approx. 7.2 pages) |
16 sources |
2000
Paper Summary:
Rohwer (1998) paints a disturbing picture of the Japanese Banking Industry. He states that much has happened in America's S&L crisis in the early 1990s, bad banks need to be shut down or taken over, good banks recapitalized, bad loans written off, and the collateral underlying them (usually real estate) disposed of at fire sale prices (Rohwer, 1998, 22).
From the Paper:
"A Study of theJapanese Banking Industry
Introduction
Rohwer (1998) paints a disturbing picture of the Japanese Banking Industry. He states that much has happened in America's S&L crisis in the early 1990s, bad banks need to be shut down or taken over, good banks recapitalized, bad loans written off, and the collateral underlying them (usually real estate) disposed of at fire sale prices (Rohwer, 1998, 22). Most theorists and analysts point out that the bad debt problem of Japanese banks could amount to upwards of 25% of that country s GDP, implying that a solution (if available) is bound to be enormously painful and costly (Rohwer, 1998, 22).
Also in 1998, the year that the Japanese banking system proposed a plan (of sorts) for bailing out the economy, the Economist in..."
Japanese Banking Industry (2012, January 15). Retrieved February 12, 2012, from http://www.academon.com/Comparison-Essay-Japanese-Banking-Industry/15474
"Japanese Banking Industry" 15 January 2012. Web. 12 Feb. 2012. <http://www.academon.com/Comparison-Essay-Japanese-Banking-Industry/15474>