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Economists suggest radical moves for Japan's economy

August 31, 2010  

From Richard Morrow

The outcome of an emergency meeting between Bank of Japan governor Masaaki Shirakawa and prime minister Naoto Kan was panned by economists as a political stunt that will not help the country’s economy. Asiamoney.com asks some notable economists their views on more effective policies that should be pursued.

When the only outcome of an emergency meeting between Bank of Japan (BoJ) governor Masaaki Shirakawa and prime minister Naoto Kan yesterday (August 30) was a ¥10 trillion (US$119 billion) additional tranche to a cheap credit facility and a ¥900...


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 SYNDICATED LOANS

Rank Bookrunner Value ($m) No. %Share
1 Industrial & Commercial Bank of China - ICBC 1,160 1 16.4
1 Bank of Communications Co Ltd 1,160 1 16.4
3 State Bank of India 964 3 13.6
4 Land Bank of Taiwan 400 7 5.6
5 Maybank Investment Bank Bhd 332 1 4.7
6 AXIS Bank 236 2 3.3
7 IDBI Bank Ltd 124 1 1.8
8 HSBC 92 2 1.3
9 BNP Paribas 92 1 1.3
10 First Commercial Bank Co Ltd 65 4 0.9
Subtotal 4,623 18 65.2
Total 7,090 32 100.0


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