Banking crisis, reforms, and the availability of credit to Japanese small and medium enterprises

Asian Survey

Volumn 39, Issue 4, 1999, Pages 656-666

  Owualah, Sunday I ^a  

^a NONE

Author keywords

[No Author keywords available]

Indexed keywords

BANKING; CREDIT PROVISION; INDUSTRIAL INVESTMENT; SMALL AND MEDIUM-SIZED ENTERPRISE;

JAPAN;

EID: 0033388992     PISSN: 00044687     EISSN: None     Source Type: Journal    
DOI: 10.2307/3021243     Document Type: Article

References (16)

1. "Survey Says Business Confidence Eroding," Daily Yomiuri, December 16, 1997.
2. "EPA: Credit Crunch Hurts Economy," ibid., December 30, 1997.
3. Ibid., March 5, 1998.
4. D. Antony, "Japan," in The Small Firm: An International Survey, ed. David J. Storey (London: Croom Helm, 1983), pp. 73-75; and Ministry of International Trade and Industry (MITI), Small and Medium Enterprise Agency, Small Business in Japan: White Paper on Small Medium Enterprises in Japan (Tokyo: MITI, 1985), pp. 90-93.
5. D. Antony, "Japan," in The Small Firm: An International Survey, ed. David J. Storey (London: Croom Helm, 1983), pp. 73-75; and Ministry of International Trade and Industry (MITI), Small and Medium Enterprise Agency, Small Business in Japan: White Paper on Small Medium Enterprises in Japan (Tokyo: MITI, 1985), pp. 90-93.
6. Nonperforming loans in SBFC, PFC, and CBCIC at the end of fiscal 1996 were put at ¥ 201.2 billion, ¥ 216.1 billion, and ¥ 357.1 billion, respectively. See "Bad Loans Total ¥ 935.6 billion at 9 Govt. Financial Bodies," Daily Yomiuri, November 7, 1997;
7. and "15 Govt-affiliated Lenders Burdened with Bad Loans," ibid., December 13, 1997.
8. Martin R. Binks and Christine T. Ennew, "Growing Firms and the Credit Constraint," Small Business Economics 8:1 (February 1996), pp. 17-25.
9. Mark Gertler and Simon Gilchrist, "The Role of Credit Market Imperfections in the Monetary Transmission Mechanism: Arguments and Evidence," Scandinavian Journal of Economics 95 (1993), pp. 43-64.
10. C. Saarenheimo, Credit Crunch Caused Investment Slump? An Empirical Analysis Using Finnish Data, Bank of Finland Discussion Paper, no. 6/95 (Helsinki: Bank of Finland, 1995).
11. Vesa Vihriala, Theoretical Aspects to the Finnish Credit Cycle, ibid., no. 8/96 (Helsinki: Bank of Finland, 1996); and A Credit Crunch or Collateral Squeeze? An Empirical Study of Credit Supply of the Finnish Local Banks in 1990-1992, ibid., no. 11/96.
12. Vesa Vihriala, Theoretical Aspects to the Finnish Credit Cycle, ibid., no. 8/96 (Helsinki: Bank of Finland, 1996); and A Credit Crunch or Collateral Squeeze? An Empirical Study of Credit Supply of the Finnish Local Banks in 1990-1992, ibid., no. 11/96.
13. Ceyla Pazarbasioglu, A Credit Crunch? A Case Study of Finland in the Aftermath of the Banking Crisis, IMF Staff Papers, 44:3 (Washington, D.C.: International Monetary Fund, September 1997), pp. 315-27.
14. Binks and Ennew, "Growing Firms."
15. Ibid., and also Binks and Ennew, "The Relationship Between U.K. Banks and Their Small Business Customers," Small Business Economics 9:2 (April 1997), pp. 167-78.
16. Ibid., and also Binks and Ennew, "The Relationship Between U.K. Banks and Their Small Business Customers," Small Business Economics 9:2 (April 1997), pp. 167-78.