Abstract

The paper outlines the relation of Japan, especially its private banking facilities,
to the Latia America foreign problem. It gives relevant background information and examines
the approach taken by Japanese financial circles. Japan has now become the country
with the world’s biggest trade surplus and is regarded as having the largest financial reserves.
But Japan’s presence in discussing fundamental debt relief measures has not been significant
as its total amount of credit might imply.

JEL Classification: F34; H63.