Such institutions, called SIFIs for short, are defined as particularly large, particularly complex and/or particularly interconnected institutions or as those that exercise specific functions that other market players cannot easily take on. The insolvency of SIFIs is therefore regarded as virtually intolerable.
However, since domestic demand is projected to remain weak for a time, the balance between supply and demand is expected 1  This report is based on data and information available at the time of the Bank of Japan Monetary Policy Meeting held on May 20 and 21, 2002.