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How Japan leveraged commercial banks for high economic growth

Privatising banks is no panacea. Instead, India would do well to learn from Japan’s ‘window-guidance’ system that first identified which sectors are most likely to achieve national macroeconomic objectives and thereafter ensure that these sectors receive credit cheaply and to the extent required

September 21, 2022 / 09:19 IST
How Japan leveraged commercial banks for high economic growth

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