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Networks, norms, and alliances -- Japan's financial system and persistence of systemic support -- The politics of the Japanese credit rating industry -- Japan's ideational developments and corporate governance -- The dilution of systemic support and growing contradictions. "Thi…
"This book investigates why the convergence of Japan's bank-centered financial system to an American-style capital market-based model has lost steam since the mid-2000s, despite financial deregulation during the 1980s and 1990s"--