Word: takasu
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Dates: during 1997-1997
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Prime Minister Ryutaro Hashimoto last fall set up a series of deregulatory reforms that by 2000 would make the Japanese capital markets competitive with other foreign investors, according to Takasu, who is studying the topic for his senior thesis...
Furthermore, Takasu says, the post-bubble economy has actually been beneficial to the financial sectors he has been involved...
...What the 'bubble burst' really means is that over-inflated asset prices came down to less inflated levels, Takasu says. "In this type of environment those most affected are entities which have these assets on their books, most notably banks, trusts, insurance firms, securities firms...
...report of China's economic growth, Takasu insists that Japan still comes...
...must remember that regardless of what one hears in the news, Japan has the largest pool of liquid savings...there's a lot to be done in our lifetimes," Takasu says...