This book, first published in 1994, takes a broad look at the
reasons behind the failure of foreign banks to penetrate Japanese
financial markets. It accepts the common argument that the Japanese
bureaucracy has skilfully limited the scope of foreign banks and
discusses at length the methods used to do so. However, in
examining the history of foreign banking activity in Japan, it
becomes clear that ineptitude on the part of the foreign banks and
governments has also been a major factor.
General
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