Tumultuous times : central banking in an era of crisis
著者
書誌事項
Tumultuous times : central banking in an era of crisis
（The Yale program financial stability）
Yale University Press, c2021
- : hardcover
- タイトル別名
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Toyo Keizai, c2018; under the title: Chūō ginkō : Sentoraru bankā no keiken shita 39 nen
The Central Bank : my 39 years as a Central banker
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注記
Originally published: Tokyo : Toyo Keizai, c2018; under the title: Chūō ginkō : Sentoraru bankā no keiken shita 39 nen (The Central Bank : my 39 years as a Central banker)
Includes bibliographical references (p. 471-487) and index
内容説明・目次
内容説明
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.
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