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Zur Kreditklemme: Ein Vergleich zwischen Japan und Deutschland

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  • Frank Westermann

Abstract

Eine Kreditklemme der privaten Firmen trägt nach Meinung von Frank Westermann, Ph.D., Universität München, zu der derzeitigen Verlangsamung des Wirtschaftswachstums in Deutschland bei. Insbesondere kleinere Firmen sind hiervon betroffen, während große Firmen verstärkt alternative Möglichkeiten der Fremdfinanzierung wahrnehmen. Laut Westermann erinnert diese Entwicklung in vieler Hinsicht an die beginnende Bankenkrise in Japan Anfang der neunziger Jahre. Das Ausmaß des Problems betreffend sind die beiden Länder zwar kaum vergleichbar, die Ursachen und die Entwicklung makroökonomischer Variablen weisen jedoch eine bemerkenswerte Ähnlichkeit auf.

Suggested Citation

  • Frank Westermann, 2003. "Zur Kreditklemme: Ein Vergleich zwischen Japan und Deutschland," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 56(01), pages 33-37, January.
  • Handle: RePEc:ces:ifosdt:v:56:y:2003:i:01:p:33-37
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    References listed on IDEAS

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    4. Hans Günter Russ, 2002. "Kreditnachfrage schwach, aber auch Kreditvergabe restriktiver," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 55(21), pages 28-29, November.
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    6. Michael M. Hutchison, 2000. "Japan's recession: is the liquidity trap back?," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, issue jun16.
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    More about this item

    Keywords

    Kredit; Kreditgeschäft; Wirtschaftswachstum; Vergleich; Japan; Deutschland;
    All these keywords.

    JEL classification:

    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries

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