The problem in Japan was not so much the bursting of the bubble but rather the policies that followed. The problems in Japan's banking sector were not resolved, so they continued to get worse well after the bubble had burst.
Implementation of some of the recommendations cannot be done without a joint effort with statistical officers in the financial sector, most of whom are present here today. Ladies and Gentlemen, There are varied uses of the banking data. The Government uses it, among other data, for economic planning.