what is the latest technique to measure credit allocation efficiency of banks. Credit allocation efficiency may be defined as more credit should be advanced to industries that contribute more to GDP (Toboado, 2011).
This is in stark contrast to what most journalists and economists are putting in print about the Japanese financial industry. Do you think that this undermines ideas of protectionism? Or is this a limited factor? The lack of interest rate reduction is also a parallel to what we have seen in the USA and EU.