Hashimoto administration's 1997 structural reforms

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• Princes of the Yen whole source · open book

  In 1997, it tightened fiscal policy and deemphasized monetary policy, while implementing structural reforms, including granting the Bank of Japan legal independence from the government, dismantling the Ōkurashō (Ministry of Finance), establishing an independent Financial Supervisory Agency, and rendering key government agencies directly responsible to the prime minister.

  chapter: Appendix: Japanese Fiscal and Monetary Policies in the 1990s

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• Richard Werner author of the source

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• Big Bang Japan: the Ministry of Finance loses power step 7
• Princes of the Yen: Japan built, bubbled, and broken step 256
• The Bank of Japan's window-guidance machine step 56

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