Breaking the Japanese impasse

An article published on 19 June last year on Bloomberg opened with the following two sentences: "Bank of Japan deputy governor Toshiro Muto is the most likely candidate to become governor when Toshihiko Fukui's five-year term ends next March. Muto will head the central bank in the world's second-largest economy, according to all 15 economists surveyed by Bloomberg News."

Indeed in June last year the choice of Muto as a successor to Fukui appeared to be so obvious that issue was hardly open to

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: