Opening Japan's Financial Markets

Nonfiction, Social & Cultural Studies, Social Science, Cultural Studies, Ethnic Studies
Cover of the book Opening Japan's Financial Markets by J. Robert Brown, Jr., Taylor and Francis
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Author: J. Robert Brown, Jr. ISBN: 9780429768828
Publisher: Taylor and Francis Publication: October 26, 2018
Imprint: Routledge Language: English
Author: J. Robert Brown, Jr.
ISBN: 9780429768828
Publisher: Taylor and Francis
Publication: October 26, 2018
Imprint: Routledge
Language: English

This book, first published in 1994, takes a broad look at the reasons behind the failure of foreign banks to penetrate Japanese financial markets. It accepts the common argument that the Japanese bureaucracy has skilfully limited the scope of foreign banks and discusses at length the methods used to do so. However, in examining the history of foreign banking activity in Japan, it becomes clear that ineptitude on the part of the foreign banks and governments has also been a major factor.

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This book, first published in 1994, takes a broad look at the reasons behind the failure of foreign banks to penetrate Japanese financial markets. It accepts the common argument that the Japanese bureaucracy has skilfully limited the scope of foreign banks and discusses at length the methods used to do so. However, in examining the history of foreign banking activity in Japan, it becomes clear that ineptitude on the part of the foreign banks and governments has also been a major factor.

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