Tumultuous Times : Central Banking in an Era of Crisis Hardback
by Masaaki Shirakawa
Part of the Yale Program on Financial Stability Series series
Hardback
Description
A rare insider’s account of the inner workings of the Japanese economy, and the Bank of Japan’s monetary policy, by a career central banker The Japanese economy, once the envy of the world for its dynamism and growth, lost its shine after a financial bubble burst in early 1990s and slumped further during the Global Financial Crisis in 2008.
It suffered even more damage in 2011, when a severe earthquake set off the Fukushima Daiichi nuclear disaster.
However, the Bank of Japan soldiered on to combat low inflation, low growth, and low interest rates, and in many ways it served as a laboratory for actions taken by central banks in other parts of the world.
Masaaki Shirakawa, who led the bank as governor from 2008 to 2013, provides a rare insider’s account of the workings of Japanese economic and monetary policy during this period and how it challenged mainstream economic thinking.
Information
-
Less than 10 available - usually despatched within 24 hours
- Format:Hardback
- Pages:536 pages, 47 b-w illus.
- Publisher:Yale University Press
- Publication Date:28/09/2021
- Category:
- ISBN:9780300258974
Information
-
Less than 10 available - usually despatched within 24 hours
- Format:Hardback
- Pages:536 pages, 47 b-w illus.
- Publisher:Yale University Press
- Publication Date:28/09/2021
- Category:
- ISBN:9780300258974