Japan Post Bank : current issues and prospects / Akira Uno.

This book provides a comprehensive view on how regional financial institutions should be operated in order to restore Japans fiscal health. It points out that, even though the Japan Post Bank has been partially privatized, the old mandatory deposit system still virtually exists between the bank and...

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Bibliographic Details
Main Author: Uno, Akira (Researcher in economics)
Format: eBook
Language:English
Published: Singapore : Springer, 2020.
Subjects:
Online Access:Click for online access

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100 1 |a Uno, Akira  |c (Researcher in economics)  |1 https://id.oclc.org/worldcat/entity/E39PCjJJ4qJKJBxfYVWVR4GBrq 
245 1 0 |a Japan Post Bank :  |b current issues and prospects /  |c Akira Uno. 
260 |a Singapore :  |b Springer,  |c 2020. 
300 |a 1 online resource (328 pages) 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
588 0 |a Print version record. 
505 0 |a Intro -- Preface -- Acknowledgements -- Introduction Optimizing Japanś Financial Institutions -- Contents -- Chapter 1: Paving the Way to the Privatization of Public Financial Services -- 1 The Birth of Public Financial Services and What Followed-Public Financial Services and a Financial Market under Interest Rat... -- 1.1 From Early Meiji to the Post-Pacific War Period: The Age of Complementarity-Public and Private Financial Services under Go... -- 1.2 From Postwar Reconstruction to Bubble Economy: The Age of Coexistence and Coprosperity-Private Financial Services Competin... 
505 8 |a 1.3 From the Bursting of the Bubble Economy to the Era of Financial Deregulation: The Age of Interdependence-Bloated Public Fi... -- 1.3.1 An Age of Uncertainty, Sinking Together, or Win-Win? -- 2 Challenges Ahead and Solutions in Light of Japanś Pre-Public Financial Services Privatization Years -- 2.1 Ways to Improve Fiscal Health Via Financial Reforms Based on Similarities in Financial Conditions Today and Wartime/Postwa... -- References -- Chapter 2: Privatization of Public Financial Services and Financial Reforms 
505 8 |a 1 Factors and Reasons Behind the FILP Reform, Postal Privatization, and Reform of Policy-Based Finance-Public Financial Servic... -- 1.1 Position of Public Financial Services in Japanese Financial Market -- 1.2 Causes of Public Financial Services ́Systemic Fatigue -- 1.3 Financial Liberalization -- 1.4 Postal Privatization in UK, Germany, and France -- 1.4.1 Privatization in UK -- 1.4.2 Privatization in Germany -- 1.4.3 Privatization in France -- 1.5 Postal Privatization in China -- 1.5.1 Postal Reform -- 1.5.2 Listing (Privatization) of Postal Savings Bank of China 
505 8 |a 1.6 Privatization of Three Public Corporations -- 1.6.1 Privatization of Nippon Telegraph and Telephone Public Corporation -- 1.6.2 Privatization of Japanese National Railways -- 2 Integrated Institutional Design for FILP Reform, Postal Privatization, and Policy-Based Finance Reform -- 2.1 Drastic FILP Reform -- Challenges in Restoring Fiscal Health -- 2.2 Postal Privatization and the Postal Savings Bank -- Problems of the Fund-Raising Function -- 2.2.1 Discussions on Postal Privatization -- 2.2.2 Postal Privatization Bills 
505 8 |a 2.2.3 Setting Up a Transitional Company and Developing an Implementation Plan -- 2.2.4 Implementation Plan for Transferring Japan Post Operations -- 2.3 Reforming Policy-Based Financial Institutions -- Problems with Fund Management Function -- 3 Goals of Financial Structural Reform via Privatization of Public Financial Services -- 3.1 Complementing the Private Sector with Public Financial Services and Reducing Their Assets -- 3.2 Improving Public Financial Services Revenue and Return on Assets -- References 
500 |a Chapter 3: Progress After the Privatization of Public Financial Services and Trends by Type of Financial Institution: Listing ... 
504 |a Includes bibliographical references. 
520 |a This book provides a comprehensive view on how regional financial institutions should be operated in order to restore Japans fiscal health. It points out that, even though the Japan Post Bank has been partially privatized, the old mandatory deposit system still virtually exists between the bank and the government. This makes the banks asset portfolio heavily weighted toward Japanese government bonds and creates a bottleneck to restoring fiscal health. The book also demonstrates how this system and the low interest rate policy keep the banks return on assets (ROA) low and expose the bank to an interest rate risk and credit risk. While shedding light on the true nature of these problems, this work looks into the best ways regional financial institutions can be operated for the sake of regional economic revitalization. The process would involve integrating the three privatized public financial institutions (i.e., the Japan Post Bank, the Shoko Chukin Bank, and the Development Bank of Japan) and splitting their operations into different businesses and regional companies as well as reorganizing more than 100 regional banks. The author analyzes total assets and ROA of different types of financial institutions (public and private financial services) in Japan to obtain an overall view. Then, using ROA as an assessment indicator, he looks into ways to optimize their portfolios to make the most of individual financial assets, especially deposits, from a welfare economics point of view and formulates a theory for optimization. Financial institutions can optimize their ROA by using individual deposits and savings for total optimization to maximize their return on investment. If the share of total assets by type of financial institution is optimized through mergers or vertical integration between different types of financial institutions, and if ROA is optimized overall as a result, the structure of financial institutions by type in Japan can be optimized. 
650 0 |a Banks and banking  |z Japan. 
650 0 |a Banks and banking, Japanese. 
650 0 |a Banks and banking  |x Government ownership  |z Japan. 
650 7 |a Financial services industry.  |2 bicssc 
650 7 |a Finance.  |2 bicssc 
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650 7 |a Business & Economics  |x Corporate Finance.  |2 bisacsh 
650 7 |a Business & Economics  |x Public Finance.  |2 bisacsh 
650 7 |a Banks and banking  |2 fast 
650 7 |a Banks and banking  |x Government ownership  |2 fast 
650 7 |a Banks and banking, Japanese  |2 fast 
651 7 |a Japan  |2 fast  |1 https://id.oclc.org/worldcat/entity/E39PBJkT7GyCmyjxytDfqk6Yfq 
776 0 8 |i Print version:  |a Uno, Akira.  |t Japan Post Bank : Current Issues and Prospects.  |d Singapore : Springer Singapore Pte. Limited, ©2020  |z 9789811514074 
856 4 0 |u https://holycross.idm.oclc.org/login?auth=cas&url=https://link.springer.com/10.1007/978-981-15-1408-1  |y Click for online access 
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