Description
Palgrave Macmillan The Political Economy of Japanese Financial Markets Myths Versus Reality by Dick Beason and Jason James
The analysis of various aspects of Japanese financial markets is interspersed with relevant institutional and historical background on the market to allow non-specialists to follow the treatment. Includes discussions of comparative costs of capital internationally and among Japanese firms, causes and implications of the high degree of financial intermediation in Japan, recent trends in the Japanese and Asian financial markets, equity market valuation, and the impact of political change. Annotation c. Book News, Inc., Portland, OR (booknews.com)