Video: Tsuyoshi Oyama on the conflicted role of central banks post crisis

Tsuyoshi Oyama, a Bank of Japan veteran and partner at Deloitte Touche Tohmatsu in Tokyo, believes the global financial crisis that took hold in 2008 has altered the core mission of central banks.

He says the consensus view of the role of central banks has traditionally been price stability, in part because of the memory of the effects of hyper-inflation felt in Europe prior to World War II. But during the financial crisis, politicians turned to central banks to handle macro-prudential policy

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: