ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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SOUTH VIETNAM-Liberated Areas Consolidated

correct the position. All that the Bank of Japan has to do is to reduce its tendings to the banks, thereby forcing the banks to reduce credit to business and industry. In fact, the Bank of Japan exercises detailed controls, known as window controls, regulating banks' credit not only to particular industries but to individual firms. The companies then have to cut down on investment in plant and equipment and reduce their stocks

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