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Palgrave Macmillan

The Political Economy of Japanese Financial Markets

Myths versus Realities

  • Book
  • © 1999

Overview

Part of the book series: International Political Economy Series (IPES)

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Table of contents (11 chapters)

  1. Development of the Intermediated Structure

  2. Breakdown and Towards Maturity

  3. Institutions

  4. Some Sticky Questions

About this book

The authors examine various aspects of Japanese financial markets. This analysis is interspersed with the relevant institutional/historical background on Japanese financial markets necessary for the non-specialist. Principal chapters include: an institutional overview, a chapter on comparative cost of capital (both internationally and among Japanese firms); causes and implications of the high degree of financial intermediation in Japan and an invaluable analysis of the most recent trends in the Japanese/Asian financial markets.

Reviews

"This is a useful handbook for anyone contemplating investing in Japanese markets." - Foreign Affairs

"...it combines a solid grounding in economic theory with an empirical richness that would require a year's subscription to Euromoney and Institutional Investor to match...I would recommend this book..." - Journal of Asian Studies

Authors and Affiliations

  • University of Alberta, Canada

    Dick Beason

  • HSBC Securities, Tokyo, Japan

    Jason James

About the authors

RICHARD BEASON is Associate Professor in the Faculty of Business, the University of Alberta, Canada

JASON JAMES is a strategist at James Cabel, Tokyo.

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