Such reform is also extremely important for the future of Japanese economy because, in the creative and dynamic economy that we envision for the future, I believe that it will be essential that the firms intending to identify new sources of value-added, which are actively undertaking risks, should be able to obtain sufficient support to meet their specific financial needs.
BIS Review 2/2004  5  B. Efforts to revitalize credit markets  Based on this thinking, the Bank has stepped up its efforts to revitalize credit markets in Japan. First, the Bank has provided substantial support for private efforts to improve the functioning of such markets.