The programme will consist of industry remedial programmes to fix the key causes of the crisis. It will also include implementation of risk based supervision, reforms to regulations and regulatory framework, enhanced provisions for consumer protection, and internal transformation of the CBN.
The Bank of Japan has great interest in the mutual relationship between business cycles and economic growth, on which research has been progressing recently. See the Bank of Japan Research and Statistics Department [2018] and Kaihatsu et al. [2018]. 9  science, technology, engineering, and mathematics -- the so-called STEM education.