Shirakawa warns against renewed risk of spillover effects from Europe


Masaaki Shirakawa, governor of the Bank of Japan, on February 10 warned that although Asian countries had escaped much of the spillover effects originating from the sovereign debt crisis in the eurozone, further deleveraging by European financial institutions posed serious challenges in the future.

At a keynote address at the Japan Securities Dealers Association in Tokyo, Japan, Shirakawa said that while the spillovers from Europe to Asia had been mild so far, Asian economies were not immune 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: