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The Political Economy of Japanese Monetary Policy
By:Thomas F. Cargill,Michael M. Hutchison,Takatoshi Ito
Published on 2003-01-01 by MIT Press

The contributions in this book provide a unique view of its emergence and growth in a number of different national settings in an area of the Third World where the industry is most advanced. In The Political Economy of Japanese Monetary Policy, Cargill, Hutchison, and Ito investigate the formulation and execution of monetary and financial policies in Japan within a broad technical, political, and institutional context.Their emphasis is on the period since the collapse of the Bretton Woods system of fixed exchange rates in the early 1970s, and on the effects of policies and institutions in shaping the modern Japanese economy. The authors present basic themes and recent developments, as well as their own research findings.They also review and integrate the large literature in the area. They consider theoretical arguments and empirical evidence for each topic discussed. Topics covered include Japan's low inflation record (despite the central bank's lack of formal independence from the government); politically motivated business cycles and the timing of elections; exchange rate policy and international policy coordination; the historical development of central banking; Japan's |bubble economy| of the 1980s; and the causes, magnitude, and regulatory responses to Japan's banking and financial crisis of the 1990s.

This Book was ranked at 36 by Google Books for keyword Monetary economics.

Book ID of The Political Economy of Japanese Monetary Policy's Books is f3s47HWB8g8C, Book which was written byThomas F. Cargill,Michael M. Hutchison,Takatoshi Itohave ETAG "ahdk/sWRNVY"

Book which was published by MIT Press since 2003-01-01 have ISBNs, ISBN 13 Code is 9780262262071 and ISBN 10 Code is 026226207X

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Book which have "246 Pages" is Printed at BOOK under CategoryBusiness and Economics

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