Suzuki Kenji
   Department   Undergraduate School  , School of Global Japanese Studies
   Position   Professor
Language English
Publication Date 2001/02
Type Bulletin of Universities and Institutes
Title Competition Policy in the Japanese Banking Sector: Support Big Bang?
Contribution Type Sole-authored
Journal Working Paper of European Institute of Japanese Studies, Stockholm School of Economics
Volume, Issue, Pages 113
Details While the recent Big Bang reform fundamentally aims at enhancing market competition in the financial sector, the Japanese competition authority, the Fair Trade Commission (FTC), seems to be rather reluctant to participate in relevant discussions. The present paper focuses on this aspect, relating the FTC痴 reluctance to its traditional close relationship with the Ministry of Finance (MoF). The paper examines the structure of the relationship between the FTC and the MoF, considers its reason on the side of the FTC from Pfeffer and Salancik痴 迭esource Dependence Perspective・ and discusses its effect on the recent 釘ig Bang・ reform. Its main argument is that the FTC ・MoF link is beneficial not only to the MoF but also to the FTC, and that this structure has yet to be changed even after the FTC began to increase its performance.