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008 080124s1997 bl ||||gr |0|| 0 por d
100 1 _aLEVI, Maria Luiza
_933509
245 1 0 _aLiberalização financeira, bolha especulativa e crise bancária no Japão
260 _aSão Paulo :
_bNobel,
_cjan./mar. 1997
520 3 _aThis paper examines the institutional environment of the Japanese financial system and its role in the asset price bubble and financial crisis. The deregulation process of the 80s eliminated various rules that had previously been used by the government to monitor the economic growth through monetary and credit policies. Banks turned to more risky operations and, under a period of low interest rates, contributed to drive liquidity to speculative sectors, which were at the center of the asset bubble. The change in monetary policy put an end to the rise of asset prices and resulted in default of many borrowers. Since 1991 the Japanese banking sector is trying to absorb the huge volume of non-performing loans of its portfolio related to this process
590 _aRevista de Economia Política 1997
590 _av. 17, n. 1(65)
773 0 8 _tRevista de Economia Política = Brazilian Journal of Political Economy
_g17, 1, p. 40-59
_dSão Paulo : Nobel, jan./mar. 1997
_xISSN 01013157
_w
942 _cS
998 _a20080124
_b1615^b
_cMariana
998 _a20140213
_b0952^b
_ckarina
999 _aConvertido do Formato PHL
_bPHL2MARC21 1.1
_c25526
_d25526
041 _apor