NDLI: Ensuring a Definitive end to Deflation and Sustaining the Soundness of the Banking Sector

Content Provider	OECD iLibrary
Organization	OECD
Abstract	With the end of quantitative easing, the Bank of Japan has introduced a new monetary policy framework that includes an understanding of price stability as 0 to 2% inflation. Given remaining deflationary pressures, the Bank should be cautious in raising short-term interest rates and should increase the lower bound of the inflation zone to reduce the risk of deflation in the future. It is also important to avoid a rapid run-up in long-term interest rates in order to help sustain the economic expansion. Maintaining the soundness of the banking sector is also essential. While the major banks have achieved significant progress, the regional banks have lagged behind. Scaling back the role of public financial institutions would be beneficial for the entire banking sector. In addition, following through on the privatisation of Japan Post is essential to shift the flow of funds from the public to the private sector.
Page Count	24
Starting Page	43
Ending Page	60
Language	English
Publisher	OECD Publishing
Publisher Date	2006-08-21
Access Restriction	Open
Subject Keyword	Economics
Content Type	Text
Resource Type	Chapter

Sl.	Authority	Responsibilities	Communication Details
1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
5	Website/Portal (Helpdesk)	Queries regarding NDLI and its services	support@ndl.gov.in
6	Contents and Copyright Issues	Queries related to content curation and copyright issues	content@ndl.gov.in
7	National Digital Library of India Club (NDLI Club)	Queries related to NDLI Club formation, support, user awareness program, seminar/symposium, collaboration, social media, promotion, and outreach	clubsupport@ndl.gov.in
8	Digital Preservation Centre (DPC)	Assistance with digitizing and archiving copyright-free printed books	dpc@ndl.gov.in
9	IDR Setup or Support	Queries related to establishment and support of Institutional Digital Repository (IDR) and IDR workshops	idr@ndl.gov.in

Ensuring a Definitive end to Deflation and Sustaining the Soundness of the Banking Sector