Main Bank System Reform in Japan: the Terminal or Coexistence with Other Systems

摘要

The main bank system in Japan has undergone remarkable reformation since the 1980~(th). Through analysing its reform realisation, functional range and performance, it has been derived that the main bank system neither comes to its termination nor does it simply evolve into the 'creditor ex post monitoring' mode like that in the Western countries, but follow an integrated way to transition. The main bank system and the creditor governance mode coexist in one economy and form a complementary binary structure, which will definitely function for a long term.