The ministry of higher education, science and innovation of the republic of uzbekistan

THE MINISTRY OF HIGHER EDUCATION, SCIENCE
AND INNOVATION OF THE REPUBLIC OF UZBEKISTAN


T
ASHKENT FINANCIAL INSTITUTE
Department of “________________________”
“__________________________’’ from science

COURSE WORK
THEME: ________________________________________________________
________________________________________________________________
Registration № _____________

“___” ____________2023y. ______

Done by:
Student ____________________
Accepted ____________________




Recommended (Not recommended)

“_____” ___________ 2023y.

Signature: ___________


Grade: ________ score
Commission members __________________ ________
__________________ ________
__________________ ________



Tashkent- 2023
Plan:
Introduction:
1) Japanese currency system and its importance in the world economy.

2) History of the monetary system, including the introduction of the yen

3) Analysis of monetary credit policy of the Central Bank of Japan

and comparing Japan's monetary system with other countries

Conclusion.

Introduction
The Japanese monetary system is a complex and important aspect of the Japanese economy. The system is managed by the Central Bank of Japan, also known as the Bank of Japan, which is responsible for implementing monetary policy in Japan. The main goal of the monetary policy is to achieve price stability and promote economic growth.
The Japanese monetary system has several unique features that distinguish it from other monetary systems around the world. One of the most notable features is the use of a zero interest rate policy. This policy was implemented by the Bank of Japan in the late 1990s in response to a prolonged period of deflation and economic stagnation. The policy involves setting the interest rate on overnight loans between financial institutions at zero percent, which has the effect of lowering interest rates throughout the economy. The zero interest rate policy has been controversial, with some economists arguing that it has led to excessive inflation and others arguing that it has been necessary to promote economic growth.
Another unique feature of the Japanese monetary system is the use of quantitative easing. This policy involves increasing the money supply by purchasing government bonds and other securities. The Bank of Japan has implemented several rounds of quantitative easing in recent years in an effort to stimulate the economy and combat deflation. The effectiveness of quantitative easing in achieving the Bank of Japan's goals has been a topic of debate among economists.
The Japanese monetary system also has a strong emphasis on financial stability. The Bank of Japan has implemented several measures to promote financial stability, including the establishment of a deposit insurance system and the regulation of financial institutions. The Bank of Japan also plays a key role in managing the foreign exchange market, which is important for maintaining the stability of the Japanese yen.
In addition to these features, the Japanese monetary system is also characterized by a high level of government involvement. The government plays a key role in setting economic policy and working with the Bank of Japan to implement monetary policy. The government also has a significant influence on the Bank of Japan, with the Prime Minister appointing the Governor of the Bank of Japan and other key officials.
Overall, the Japanese monetary system is a complex and important aspect of the Japanese economy. The system is characterized by several unique features, including the use of a zero interest rate policy, quantitative easing, and a strong emphasis on financial stability. The effectiveness of the monetary policy in achieving the Bank of Japan's goals will continue to be a topic of debate and analysis.