CIS Microfiche Library 1970-2002 (CIS Asia Pacific Collection)

 CIS NO: 91-H241-26
 TITLE: Examine Japanese Financial System and Its Effect on Ability of U.S.
     Firms To Compete.
 SOURCE: Committee on Banking, Finance, and Urban Affairs. House
 DOC TYPE: Hearing                   COLLATION: v+145 p. il.
 DATE: Aug. 2, 1990
 CONGRESS-SESSION: 101-2             SUDOC: Y4.B22/1:101-162
 ITEM NO: 1013-A; 1013-B
 LC CARD NO: 90-602563               MC ENTRY NO: 91-6207

 Committee Serial No. 101-162. Hearing before the Subcom on Financial
 Institutions Supervision, Regulation, and Insurance Task Force on the
 International Competitiveness of U.S. Financial Institutions to assess
 Japan's economic performance and financial system status, and to examine
 implications of Japanese economic strength for U.S. financial institutions
 international competitiveness.
   Supplementary material (p. 23-145) includes witnesses' written
 statements, an article, correspondence, and a submitted statement.
 CONTENT NOTATION: Japan economic performance and US financial instns intl
     competitiveness issues
 DESCRIPTORS (and special content notations): SUBCOM ON FINANCIAL
     INSTITUTIONS SUPERVISION, REGULATION, AND INSURANCE. HOUSE; TASK FORCE
     ON THE INTERNATIONAL COMPETITIVENESS OF U.S. FINANCIAL INSTITUTIONS.
     HOUSE; JAPAN (Economic performance and US financial instns intl
     competitiveness issues); COMPETITION; ECONOMIC.DEVELOPMENT; FINANCIAL
     INSTITUTIONS; FOREIGN.ECONOMIC.RELATIONS

 91-H241-26 TESTIMONY NO: 1         Aug. 2, 1990 p. 4-136
 WITNESSES (and witness notations):
     HALE, DAVID D. (First Vice President and Chief Economist, Kemper
        Financial Services)
     KREPS, DANIEL J. (Principal Consultant, SRI International)
     TERRELL, HENRY (Senior Economist, International Finance Division,
        Federal Reserve Board)
     BURSTEIN, DANIEL (journalist and author)
 STATEMENTS AND DISCUSSION: Background and analysis of Japanese emergence
     as a dominant financial force and U.S. loss of global market share
     during the 1980s (related bibl, tables, and graphs, p. 52-73);
     comparison of U.S. and Japanese banking and financial systems;
     recommendations for policy changes to improve U.S. financial service
     competitiveness.
       Review of weaknesses in Japanese financial institutions; overview and
     explanation of Japanese bank activity in the U.S. (related tables and
     graphs, p. 104-108); description and implications of perceived global
     economic trends.
       Importance of restructuring U.S. banking and financial systems to
     compete with Japan and Germany; implications of U.S. debtor nation
     status for international competitiveness and future world financial
     position; review of issues relating to Japanese economic strength and
     U.S. global competitiveness.
 INSERTION: 
     -- Kreps, D. J., "Japanese Juggernaut Into Financial Services: Is It
        Real?" Feb. 1990, with tables (p. 74-90).
 CONTENT NOTATION: Japan economic performance and US financial instns intl
     competitiveness issues
 DESCRIPTORS: INTERNATIONAL.FINANCE; FOREIGN.TRADE; BANKS AND BANKING;
     FINANCIAL INSTITUTIONS; ECONOMIC.POLICY; GERMANY, WEST;
     INTERNATIONAL.DEBTS; BIBLIOGRAPHIES; STATISTICAL DATA: BANKING,
     FINANCE, AND INSURANCE; STATISTICAL DATA: FOREIGN COUNTRIES-GENERAL;
     SRI INTERNATIONAL