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jpwiki says it's called 日本版ビッグバン in English
https://www.fsa.go.jp/p_mof/english/big-bang/ebb37.htm
The Financial System Reform, “Japanese Big Bang,” was commenced in November 1996 under the three principles of
“free, fair and global,” aiming to rebuild the Japanese financial market into an international market comparable to
the New York and London markets.
https://www.nber.org/papers/w7247
Japan's Big Bang and the Transformation of Financial Markets
https://www.imes.boj.or.jp/research/papers/english/11-E-19.pdf
A Reassessment of Japan’s Big Bang Financial
Regulatory Reform
...
This paper reassesses the results of Japan’s financial deregulation over the last two
decades. Japan’s Big Bang sought to transform a highly regulated bank-centered
financial system to a transparent, market-centered financial system to revitalize Japan’s
economy and aging society. Prior assessments generally view this reform effort as a
failure due to Japan’s low economic growth rate. |