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The Lessons of Japan’s Financial Crisis
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The Lessons of Japan’s Financial Crisis

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Asia Sentinel
Jul 05, 2014
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The Lessons of Japan’s Financial Crisis
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Since the onset of the global financial crisis which originated in the subprime meltdown in the United States, “shadow banking” has attracted considerable attention.

Shadow banking, unlike traditional banking, is not subject to strict regulations. It is believed that financial transactions carried out via shadow banking were one of the main causes of the…

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