Managing to Achieve Multiple Goals: The Case of the Big Bang Financial System Reform in Japan

Managing to Achieve Multiple Goals The Case of the Big Bang Financial System Reform in Japan This brief but important and eminently readable study by Christopher Weareand Eugene Smolensky brings fresh eyes and an emerging economic perspectiveto bear on how best to free Japan s financial indus

  • Title: Managing to Achieve Multiple Goals: The Case of the Big Bang Financial System Reform in Japan
  • Author: Christopher Weare Eugene Smolensky
  • ISBN: 9780877723868
  • Page: 258
  • Format: Hardcover
  • This brief but important and eminently readable study by Christopher Weareand Eugene Smolensky brings fresh eyes and an emerging economic perspectiveto bear on how best to free Japan s financial industry from excessive regulation The perspective accords with Japanese policymakers three goals for the Big Bang to make their markets free, fair, and global While they addreThis brief but important and eminently readable study by Christopher Weareand Eugene Smolensky brings fresh eyes and an emerging economic perspectiveto bear on how best to free Japan s financial industry from excessive regulation The perspective accords with Japanese policymakers three goals for the Big Bang to make their markets free, fair, and global While they address other appropriate and important aims, Weare and Smolensky argue that the primary goal must be efficiency.Weare and Smolensky argue that this posture is needlessly self defeating.Their analysis shows it is possible to be efficient and meet other goals aswell Their intent is not to derive firm policy proposals but rather assist the cause of deregulation by addressing the concerns of those wary of financial reform.

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