

Publication series :2
Publisher: Elsevier Science
Publication year: 2002
E-ISBN: 9781855738751
P-ISBN(Paperback): 9781855735965
P-ISBN(Hardback): 9781855735965
Subject: F1 The World Economic Profiles , Economic History , Economic Geography;F8 Finances
Language: ENG
Disclaimer: Any content in publications that violate the sovereignty, the constitution or regulations of the PRC is not accepted or approved by CNPIEC.
Description
The first edition of Japanese Financial Markets established itself as a standard work on one of the most important financial centres in the world. Since then there have been substantial changes, most notably a serious financial crisis and major subsequent reforms of the financial system. Written by leading analysts from the prestigious Nomura Group, this authoritative second edition explains these changes and their consequences for the current structure and operation of the country's financial markets. The book is arranged in four main sections:
- Part one provides an overview of the recent performance of Japan's financial markets, the crisis in the 1990s, government reforms and the subsequent 'Big Bang' in the country's financial system.
- Part two looks at the range of participants in the market, from individual investors, public sector and corporate pension funds to investment trusts, government bond issues and the equity market. This section of the book also discusses cross-border money flows, monetary policy and the regulatory framework.
- Part three discusses the markets themselves, covering the money and bond markets, trading in equities and securities and the venture capital market.
- Part four considers current problems and likely future developments in the financial system.
Chapter