The banking keiretsu

About this book

In today's dynamic global economy, Americans can no longer expect the rest of the world to play the finance game as Americans think it should be played. In the new world order, the financial game will be played under international - not American - rules. Around the world, financial organizations are expected to have collective and cooperative strategies to build economic strength, interlocking with companies to enhance each other's activities. History shows - in England, Germany, China, South Korea, Japan and in the U.S. - that a close working relationship between banking and industry has benefitted both sectors. In this critical analysis of bank systems worldwide, Dr. Hazel J. Johnson demonstrates that when banking, business and industry share risk, the net result is dynamic economic growth. The Banking Keiretsu examines banking systems worldwide, with a focus on the keiretsulike relationships that take many shapes and forms throughout the major financial markets. This examination includes not only the relationships of banking with industry, but also focuses on the integral role that government and regulation plays in building and maintaining economic leadership.