信用保証協会の役割と問題点

After the World War II, the "Credit Guarantee Association" has contributed financing for small and medium-sized enterprises (SME) in Japan. But in recent years, the Association has been exposed to serious problems. It has a huge deficit, in the hundreds of billions of yen, due to payments of SME, and labor costs for executives who came from local government authorities. There are four reform measures necessary to restore the Association\u27s health; (1) restraining payments instead of SME; (2) prohibiting local bureaucrats from employing cronies; (3) establishing banking agency morals, and (4) reforming the legal structure of Association\u27s system. These reform measures are indispensable to the futures of both the SME and the Japanese economy