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Informality and Monetary Policy in Japan
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Informality and Monetary Policy in Japan : The Political Economy of Bank Performance

Book Details

Format Hardback or Cased Book
ISBN-10 0521781795
ISBN-13 9780521781794
Publisher Cambridge University Press
Imprint Cambridge University Press
Country of Manufacture GB
Country of Publication GB
Publication Date Oct 31st, 2002
Print length 420 Pages
Weight 810 grams
Dimensions 23.60 x 15.80 x 3.30 cms
Ksh 19,800.00
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Provides a quantitative and qualitative assessment of Informality in the formation of Japanese monetary policy. The author, having spent two years at the Institute for Monetary and Economic Studies at the Bank of Japan and the Japanese Ministry of Finance, offers a unique 'insider-outsider' perspective.
The success (and misfortunes) of the post-war Japanese economy has been one of the most debated points in modern economics. Many explanations focus on cultural and institutional factors, and in particular the role of 'Informality' (networks organizing business activity and government policy). Adrian van Rixtel, an economist at the European Central Bank, provides a quantitative and qualitative assessment of Informality in the formation of Japanese monetary policy. Having been based in Japan for three years, two years of which were spent at the Institute for Monetary and Economic Studies at the Bank of Japan and the Japanese Ministry of Finance, he is able to bring a unique 'insider-outsider' perspective to the subject.

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