國立虎尾科技大學 |

The Japanese Central Banking system compared with Its European and American counterparts = a new institutional economics approach /

Record Type:	Language materials, printed : Monograph/item
Title/Author:	The Japanese Central Banking system compared with Its European and American counterparts/ by Yoshiharu Oritani.
Reminder of title:	a new institutional economics approach /
Author:	Oritani, Yoshiharu.
Published:	Singapore :Springer Singapore : : 2019.,
Description:	xxiv, 327 p. :ill., digital ; : 24 cm.;
Contained By:	Springer eBooks
Subject:	Banks and banking - Japan. -
Online resource:	https://doi.org/10.1007/978-981-13-9001-2
ISBN:	9789811390012

The Japanese Central Banking system compared with Its European and American counterparts = a new institutional economics approach /
Oritani, Yoshiharu.

The Japanese Central Banking system compared with Its European and American counterpartsa new institutional economics approach /[electronic resource] :by Yoshiharu Oritani. - Singapore :Springer Singapore :2019. - xxiv, 327 p. :ill., digital ;24 cm.

Foreword -- Preface -- Acknowledgements -- 1 Rationale of Central Banks -- 2 Governance Structure of Central Banks.-3 Public Governance of Central Banks -- 4 Governance of Monetary Policy -- 5 Ownership of Prudential Policy -- 6 Role of Central Banks in Financial Crisis Management -- 7 Scope and Governance of Central Bank Payment and Settlement Systems -- 8 Epilogue.

This book uniquely explores the role and governance mechanism of central banks by applying new institutional economics (NIE) Simultaneously, the book tests the analytical viability of NIE when applied to an organization that has both public and private characteristics. Special attention is paid to the Bank of Japan (BOJ) based on the author's 30 years of work experience and "participant observation" there, touching upon discussion of central bank independence. The book argues that central bank independence cannot be defended solely by law, and a mechanism to eliminate requests from politicians needs to be embedded within the governance structure. The book also provides a comparative analysis between the BOJ and central banks in Europe and the USA. In reviewing the global financial crisis of 2008-2009, it suggests possible measures based on behavioral economics and public choice theory. These theory-based analyses provide useful insights when considering matters such as whether a central bank should issue electronic money or the European system of central banks could be established in Asia.

ISBN: 9789811390012

Standard No.: 10.1007/978-981-13-9001-2doiSubjects--Topical Terms:

937036
Banks and banking
--Japan.

LC Class. No.: HG3324 / .O758 2019

Dewey Class. No.: 332.10952

The Japanese Central Banking system compared with Its European and American counterparts = a new institutional economics approach /
LDR:02527nam a2200325 a 4500 001 941816
003 DE-He213
005 20191202153741.0
006 m d
007 cr nn 008maaau
008 200417s2019 si s 0 eng d
020 $a 9789811390012 $q (electronic bk.)
020 $a 9789811390005 $q (paper)
024 7 $a 10.1007/978-981-13-9001-2 $2 doi
035 $a 978-981-13-9001-2
040 $a GP $c GP
041 0 $a eng
050 4 $a HG3324 $b .O758 2019
072 7 $a KCZ $2 bicssc
072 7 $a BUS023000 $2 bisacsh
072 7 $a KCZ $2 thema
082 0 4 $a 332.10952 $2 23
090 $a HG3324 $b .O69 2019
100 1 $a Oritani, Yoshiharu. $3 1229226
245 1 4 $a The Japanese Central Banking system compared with Its European and American counterparts $h [electronic resource] : $b a new institutional economics approach / $c by Yoshiharu Oritani.
260 $a Singapore : $c 2019. $b Springer Singapore : $b Imprint: Springer,
300 $a xxiv, 327 p. : $b ill., digital ; $c 24 cm.
505 0 $a Foreword -- Preface -- Acknowledgements -- 1 Rationale of Central Banks -- 2 Governance Structure of Central Banks.-3 Public Governance of Central Banks -- 4 Governance of Monetary Policy -- 5 Ownership of Prudential Policy -- 6 Role of Central Banks in Financial Crisis Management -- 7 Scope and Governance of Central Bank Payment and Settlement Systems -- 8 Epilogue.
520 $a This book uniquely explores the role and governance mechanism of central banks by applying new institutional economics (NIE) Simultaneously, the book tests the analytical viability of NIE when applied to an organization that has both public and private characteristics. Special attention is paid to the Bank of Japan (BOJ) based on the author's 30 years of work experience and "participant observation" there, touching upon discussion of central bank independence. The book argues that central bank independence cannot be defended solely by law, and a mechanism to eliminate requests from politicians needs to be embedded within the governance structure. The book also provides a comparative analysis between the BOJ and central banks in Europe and the USA. In reviewing the global financial crisis of 2008-2009, it suggests possible measures based on behavioral economics and public choice theory. These theory-based analyses provide useful insights when considering matters such as whether a central bank should issue electronic money or the European system of central banks could be established in Asia.
650 0 $a Banks and banking $z Japan. $3 937036
650 0 $a Banks and banking $z United States. $3 584364
650 0 $a Banks and banking $z Europe. $3 577576
650 1 4 $a Economic History. $3 1105079
650 2 4 $a Financial History. $3 1104729
650 2 4 $a Banking. $2 bicssc $3 810653
650 2 4 $a Macroeconomics/Monetary Economics//Financial Economics. $3 1069052
710 2 $a SpringerLink (Online service) $3 593884
773 0 $t Springer eBooks
856 4 0 $u https://doi.org/10.1007/978-981-13-9001-2
950 $a Economics and Finance (Springer-41170)