... 220M2+CDBank lending(% change over 12 months)20 10 0- 10 19 83 19 84 19 85 19 86 19 87 19 88 19 89 19 90 19 91 1992 19 93 19 94 19 95 19 96 19 97 19 98 19 99200020 01 200220032004235Kaneda, Tatsuo, Kirugisutan ... scale 18 73 18 76 18 79 18 82 18 85 18 88 18 91 1894 18 97 19 00 19 03 19 06 19 09 19 125000 10 000 15 00020000Matsukata DeflationSource: Management and Coordination Agency, Historical Statistics of Japan, Vol. 4, 19 88.QUESTIONS ... 19 45?Q19Q18Q17Q16Q15Q14Q13Q12Q 11 Q10 218 236available in Japanese translation (Nihon Keizai Shimbunsha, 19 98).Minami, Ryoshin, The Economic Development of Japan, Macmillan, 19 86. Miyamoto,...