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The third annual Japan-U.S. Symposium was held at the historic Mount Washington Hotel in Bretton Woods, New Hampshire. The Symposium took place against the background of continuing strong U.S. economic growth and a well-performing financial sector. The Japanese banking system has continued to reorganize, through mega mergers and foreign investment, and some of the Japanese securities firms began to show profitability. However, the economic problems remained serious. The international financial system has continued to consider reforms in light of the Asian financial crisis, although the pace of such reform seem slowed by the intractability of the reform issues and the relatively quick recovery of most of the affected countries. ...more...
• Interdependence of Japanese and U.S. Financial Markets
• Financing the New Economy in Japan and the U.S.
• The Role of Official Multilateral Organizations
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