Ministry of Finance stripped of its powers

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• Princes of the Yen whole source · open book

  The year 1998 went down in Japanese history as the year in which the Ministry of Finance lost its main power—its monopoly on budgeting. For the first time in the postwar era, it was politicians who drew up the stimulus packages.

  chapter: 11. The Battle of the Yen

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• Richard Werner author of the source

Appears in 3 stories

• Big Bang Japan: the Ministry of Finance loses power step 17
• Princes of the Yen: Japan built, bubbled, and broken step 278
• The Bank of Japan's window-guidance machine step 61

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