Ministry of Finance total volume regulation of bank lending

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• Princes of the Yen whole source · open book

  The Ministry of Finance’s sōryō kisei (total volume regulation of bank lending) of 1990 caught the public attention, as it was a rare intervention by the ministry in the quantity of bank lending, but it was also administered by the Bank of Japan; more importantly, it only followed the tight window guidance policy that the Bank of Japan had already adopted much earlier, in 1988 and 1989.

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• Richard Werner author of the source

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• Japan's asset bubble: credit orders, land, stocks, and the Nikkei step 29
• Princes of the Yen: Japan built, bubbled, and broken step 203
• The Bank of Japan's window-guidance machine step 49

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