Some Thoughts on Japan's Financial Mess

Patrick, Hugh T.

Today I want to discuss several related topics dealing with the Japanese economy and financial system. First, as a prologue I consider the growth prospects of the Japanese economy during the next 4 - 5 years. Second, a related issue which will be the main focus of my speech, one of the serious problems that the Japanese economy faces and will continue to face in the next few years is that of non-performing loans of the banking system. Their current "financial mess" will be the main theme of my talk today.



More About This Work

Academic Units
Center on Japanese Economy and Business
Center on Japanese Economy and Business, Graduate School of Business, Columbia University
Center on Japanese Economy and Business Occasional Papers, 13
Published Here
October 22, 2012